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Bitcoin trader sees gold 'blow-off top' as XAU nears new $3.3K record

cryptoweekly by cryptoweekly
April 16, 2025
in bitcoin, News
0

Bitcoin is in no mood to copy gold’s bull run yet, but on the horizon is a “terminal” end to the record XAU/USD winning streak, a trader predicts.

Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion.

Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013.

As the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility.

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Recent Posts
  • GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec
  • Charles Hoskinson says audit report ‘shaping up’ for August release
  • Bitcoin 43% social chat dominance suggests 'key entry point' ahead
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained

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