Crypto

Gold Rally Needs to Pause for Bitcoin (BTC) Price to Break All-Time High, Data Suggests

Bitcoin (BTC), the leading cryptocurrency by market value, has been trading back and forth in a wide range between $50,000 and $70,000 since April. Despite several crypto-specific and macro factors consistently capping the upside, Bitcoin remains a popular choice among investors.

On the other hand, gold has experienced a surge of over 20% during the same time period, reaching new record highs above $2,700. The yellow metal has shown strong growth, up 37% this year alone.

Silver has also seen impressive gains, up 43% this year after almost touching $35 on Tuesday, marking a 12-year high. The precious metal continues to attract investors looking for alternative assets.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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