If Trump audits the U.S. gold reserves, it may drive funds into Bitcoin

According to TheBlock, analysts say Trump's plan to audit the Fort Knox gold reserves could lead to stricter scrutiny of gold holdings, potentially driving investors towards Bitcoin.

This is because if gold ETFs cannot verify full backing, they may trade at a discount, leading to a global liquidity crunch and prompting a reallocation of funds into digital assets. In this scenario, gold outflows could translate into Bitcoin inflows.