Gold futures reached $4,000 per ounce for the first time amid surging demand for safe-haven assets. Analysts predict Bitcoin will follow suit.
Bitcoin rallied to a new all-time high of over $126,000 on Monday, lifting share prices across crypto miners and some treasury companies.
The iShares Bitcoin Trust ETF, or IBIT, has earned BlackRock $25 million more in fees than its second-most profitable ETF and is just shy of reaching $100 billion in net assets.
Billionaire Paul Tudor Jones said US financial markets are far from bubble territory, citing fiscal imbalances as fuel for risk-on assets like Bitcoin and growth stocks.
The financial services company recommended modest crypto allocations for balanced risk and high-growth portfolios with periodic rebalancing.
Safe-haven and bearer assets are surging alongside risk-on assets like stocks, an unusual combination that signals a macroeconomic shift.
Onchain dynamics point to a renewed accumulation phase that may see Bitcoin’s price surpass $150,000 before the end of 2025, market analysts told Cointelegraph.
Global aging and rising wealth could boost demand for assets like Bitcoin, with the Fed projecting stronger investment growth through 2100.
Bitcoin printed a new all-time high, then dropped by over $2,000 as traders considered where the next BTC price bounce zone could be.
The US national debt is nearing $38 trillion, with many more now seeing Bitcoin’s appeal as a viable alternative to the dollar.