According to
JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?

Courtesy- Financial Express
Although I am the owner of cryptocurrencies and believe in their success, I cannot put BTC above gold. The fact is that historically, gold has always been and continues to be one of the best and most reliable assets. BTC is a new asset, which means that it still needs to show its stability, importance and popularity in the world. Based on this, I see no reason to compare BTC and gold, but if I had a choice to invest in which of these assets, then I would distribute my investments between these assets equally.