✉news BusinessCrypto first seen 2 h ago, last 2 h ago, peak #34
Bitcoin Rises as Gold Turns Bearish
Original: Bitcoin Keeps Rising as Gold Turns Bearish: Is BTC Breaking Away From the Macro Rate Trade?
Bitcoin is continuing to climb while gold has turned bearish, prompting debate among analysts over whether the cryptocurrency is decoupling from the macro interest-rate trade. Observers are asking whether Bitcoin is now being traded as a standalone asset rather than as a hedge moving in lockstep with gold and rate expectations. If the divergence holds, it could mark a shift in how institutional investors treat Bitcoin within broader portfolios.
Why now: Bitcoin's rally alongside a downturn in gold challenges the common view that the two assets move together on macro rate expectations.
Evidence
- Bitcoin Keeps Rising as Gold Turns Bearish: Is BTC Breaking Away From the Macro Rate Trade? · CryptoRank
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