Gold is on fire, but where’s Bitcoin?

Gold reaches record high, will Bitcoin follow?

Gold has hit a new record price of over $3,000 per ounce. This surge is largely driven by geopolitical uncertainty and ongoing discussions about U.S. trade tariffs. Historically, gold has been seen as a safe haven during times of economic and geopolitical turmoil. When investors worry about the stability of traditional markets, they shift capital into assets like gold, which are considered a store of value.

Interestingly, gold and bitcoin have rarely surged in price at the same time. In the last two instances when both assets saw significant gains, gold led the way, with bitcoin following later. Bitcoin is increasingly referred to as “digital gold,” raising the question of whether this pattern will repeat. If past market dynamics hold, bitcoin could soon benefit from the same capital flows currently driving gold higher. The coming months will reveal whether bitcoin once again follows gold’s movement or if the relationship between these two assets is evolving.

Ripple wins against the SEC – a victory for crypto.

Ripple has secured a major legal victory against the U.S. regulator SEC. The SEC had attempted to classify XRP, Ripple’s cryptocurrency, as a security—a move that could have had far-reaching consequences for the entire crypto industry. Many saw the lawsuit as an attack on crypto as a whole. Now that Ripple has been vindicated, the outcome is being celebrated as a win for the entire sector.

This ruling signals a gradual shift in the U.S. government’s stance on crypto. Where crypto was previously seen mainly as a regulatory problem, there is now more room for a constructive approach. This is positive news for the industry and for everyone who believes crypto should have a fair chance to grow and develop.

Fed holds rates steady, but eases tightening.

The U.S. Federal Reserve (Fed) has decided to keep interest rates unchanged for now. At the same time, they announced a drastic slowdown in the pace at which they are reducing their balance sheet. This means they will sell fewer bonds and therefore withdraw less money from the market. As a result, liquidity in the financial system remains higher, which is typically positive for investments, including crypto.

One reason the Fed is holding off on rate cuts is uncertainty surrounding Trump’s economic policies. His plans could slightly push inflation higher, and the Fed wants to see how things unfold before taking action. Still, many analysts expect the first rate cut to come in May. If that happens, it could provide a boost to markets like stocks and crypto, which tend to benefit from looser monetary policy.