Gold’s $1.75T Crash Sparks Talk of Capital Rotation – These Could Be the Best...
Quick Facts: 1️⃣ Gold’s market cap lost $1.75T in one day, marking its sharpest drop since 2013. 2️⃣ The drop has sparked talk of a liquidity shift from gold into cryptocurrency. 3️⃣ Early signs show exactly that, with $14.96M in net $USDT inflows and Bitcoin briefly touching $114K. 4️⃣ Bitcoin Hyper ($HYPER), PEPENODE ($PEPENODE), and […]
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Gold’s price climbed to new all-time highs in mid-October, breaking above $4,000/oz for the first time in history, before eventually reaching a peak of $4,342/oz. The yellow metal’s rally came at a time when BTC was enduring a flash crash that pulled its price down to $101,000 very briefly. This contrast between gold’s strong rise […]
An exchange on X has pushed a pointed question to the foreground: are veteran Bitcoin whales distributing into strength as part of a rational, late-cycle rotation, or is the bid under Bitcoin’s core thesis quietly eroding? Former Bitwise exec Jeff Park set the frame with a reminder that OG wallets carry outsized informational weight: “OGs […]
After the broader cryptocurrency market turned super bullish, BNB (Binance Coin) has witnessed remarkable upward movement, surpassing and setting new all-time highs. With its recent surge to new levels, the Binance coin seems to be attracting notable investors’ interest, as evidenced by capital rotation from Solana. Massive SOL Outflows Fueling BNB’s Surge? BNB is heavily […]
With the launch of its new Bitcoin Fund LP, Anthony Scaramucci's SkyBridge Capital makes the case for bitcoin over gold. The post SkyBridge Capital Says That “Bitcoin Is Better At Being Gold Than Gold” appeared first on Bitcoin Magazine.
Following a significant rally, the valuation of gold has begun to decline. Meanwhile, Bitcoin (BTC) appears to be experiencing a slight capital rotation towards it, as evidenced by Tuesday’s price performance, which led to a recovery of the $112,000 mark. In this context, asset manager Bitwise has released a new report that outlines promising price prospects for the market’s leading cryptocurrency, despite the challenges it has faced over the past few weeks. How Gold’s Rise Fuels Bitcoin Opportunities Authored by Andre Dragosch, Max Shannon, and Aayush Tripathi from Bitwise....