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Gold vs. Bitcoin: Will XAUUSD Breakout Above $3,500 Trigger Next BTC Rally?

From fxempire.com

Bitcoin (BTC) and gold (XAUUSD) continue to compete as leading alternative assets for investors seeking stability and long-term growth. Gold has surged above $3,500 to new record highs, supported by strong safe-haven demand. On the other hand, Bitcoin has consolidated above key support levels around $105,000. Both assets are showing renewed strength, but the balance between them is shifting as institutional interest in crypto accelerates. US Bancorp’s decision to restart its bitcoin custody services after a three-year pause highlights this trend. The move gives institutional investors and bitcoin ETFs access to ... (full story)

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  • Category: Technical Analysis