#GoldvsBitcoin
Gold vs. Bitcoin: BTC Eyes $140K as XAUUSD Consolidates Above $3,000
Gold pulls back on Iran-Israel ceasefire, while Bitcoin recovers above $105,000 as the Bitcoin-to-Gold ratio shows bullish momentum.
Gold
+0.25%
+1.69%
Bitcoin (BTC) has stabilized near $105,000 after rebounding on Monday. The recovery came as global markets welcomed the ceasefire between Israel and Iran, easing geopolitical tensions. The improved risk sentiment lifted demand for risk assets, including Bitcoin. As Bitcoin displayed strong volatility, the easing tensions pushed its price above $105,000. Additionally, the US Federal Reserve‘s more lenient stance on crypto-related banking has boosted market confidence. Investors now anticipate a more accommodating environment for digital assets in the future.
Institutional demand has further strengthened Bitcoin’s outlook. Anthony Pompliano announced the launch of ProCap Financial, a new Bitcoin treasury firm set to hold up to $1 billion in BTC. The company has already raised $750 million, backed by prominent institutional and crypto investors. This move signals growing interest in Bitcoin as a strategic reserve asset. As large firms continue to accumulate BTC, price momentum could build toward the $115,000 and $140,000 levels.
