Crypto

Gold price hits $3,300, Bitcoin bull/bear market turning point? Glassnode Market Outlook

2025/04/17CoinPost
Written by Lewis Kikutani
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Gold price hits $3,300, Bitcoin bull/bear market turning point? Glassnode Market Outlook

Gold prices, long-term BTC holders, etc.

As the global economy becomes more uncertain, real assets known as "hard assets" are showing strong performance, with gold hitting an all-time high of $3,300 and Bitcoin also maintaining the $80,000 range. According to a Glassnode report released on the 16th, in an economic environment where global trade relations are being restructured, risk aversion is driving funds into traditional safe assets.

Amid high volatility observed in the U.S. bond and stock markets, Bitcoin temporarily fell to $75,000 last week, but has recovered to around $85,000 this week. Meanwhile, gold has been playing its traditional role as a safe asset...

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Iolite Vol.13

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May 2025 issueReleased on 2025/03/28
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