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Gold vs. Bitcoin: BTC Eyes $140K as XAUUSD Holds Key Support

From fxempire.com

Bitcoin (BTC) price may gain further support as Standard Chartered becomes the first global systemically important bank to offer spot crypto trading through its UK branch. This move reflects growing institutional interest and adds legitimacy to the market. The ability for corporates and asset managers to access Bitcoin via a regulated platform boosts confidence and may attract new capital. As client demand increases and regulatory clarity improves, Bitcoin is likely to experience sustained upward momentum. The broader pro-crypto sentiment, including US political support and global banking adoption, strengthens the ... (full story)

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  • Category: Technical Analysis