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Gold’s Rally Wobbles — and Bitcoin Stands to Benefit
The cryptocurrency market is abuzz with the news that gold’s rally has come to a halt. Meanwhile, Bitcoin’s value has not budged, and some experts predict it could be on the rise.
As gold prices have slumped by over 5% from last week’s intraday peak, traders are starting to take notice of Bitcoin’s resilience. The digital currency has surpassed $93,000, holding its ground even as gold falters.
This shift in momentum is causing many investors to reassess their safe-haven bets, and Bitcoin could be the primary beneficiary if gold continues on its downward trajectory.
The recent surge in gold prices was largely driven by the aggressive tariffs imposed by President Donald Trump. However, as geopolitical tensions ease, the shine has worn off for this precious metal.
Bitcoin’s steady climb past $93,500 could signal the beginning of a broader divergence, where digital assets increasingly steal the safe-haven spotlight.
For now, investors are watching closely to see how gold reacts.
Source: https://coinchapter.com/golds-rally-wobbles-and-bitcoin-stands-to-benefit/
