After a historic run that made gold one of the best-performing assets of the past decade, the smart money is asking whether the baton is about to be passed to Bitcoin. For most of the past twelve months, the question in macro markets has been simple: why isn’t Bitcoin keeping up with gold? The answer,…
Bitcoin is once again attempting to reclaim the $90,000 level, but price action remains capped below this key psychological threshold. Despite several short-lived relief rallies, momentum has failed to follow through, reinforcing growing concerns that the broader market structure is weakening. As volatility persists and upside attempts stall, an increasing number of analysts are beginning…
A research note from Goldman Sachs published on Monday has painted a bull case for gold over the price of bitcoin. The bank’s research note comes at a time when the entirety of the crypto market is facing adversity and the price of bitcoin is down more than 70% from its all-time high price at…
The advantages of holding bitcoin over gold have been publicized and debated countless times. These two digital assets, one a physical asset and the other referred to as the “digital gold”, have both gone head-to-head when it comes to which one is the better store of value. As the bitcoin crash raged on last week,…
Bitcoin has been dropping consistently for the past week and the crypto market has lost over $500 billion following this dip. Like with any crash, there have been the expected calls of ‘buy the dip’ from investors who believe that the dips are only temporary and that the digital asset will soon recover all of…
Market views on X in the latest reports on gold remained bearish as several traders noted a bearish set-up on the 4-hour and daily charts. XAUUSD broke down on the charts, but sellers still had the edge in the longer term following a clear breakdown in market structure. But the near term wasn’t as clear-cut.…