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The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. 4. Meanwhile, Bitcoin (BTC) has also surged above $41,000 for the first time in 19 months.
BTC/USD (blue) vs. gold price (orange) Source: TradingviewBitcoin price breaks $40K…and $41K
Bitcoin has made a triumphant return to the $40,000 threshold, a figure unseen since the heights of April 2022. This included a swift 2% jump over 24 hours, marking a 19-month peak for the cryptocurrency.
Wild tailwinds for bitcoin:✅ New ATH in gold✅ to abolish central bank✅ Worst bond crash in 250yrs✅ BTC ETF on the cusp (?)✅ Real estate trembling✅…
Read more on Cointelegraph