Bitcoin to outperform gold in second half of 2025: JP Morgan

Gold has been losing steam recently after it raced to record highs due to geopolitical and economic uncertainties, including tariffs. Bitcoin has been the winner, with gold being the loser in a hedge trade against currencies. The increasing number of US states and companies buying bitcoin will be another catalyst. JP Morgan analysts expect Bitcoin […]

The post Bitcoin to outperform gold in second half of 2025: JP Morgan appeared first on CoinJournal.

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Top Crypto Gainers on 31 July – Bitcoin Gold, Bitcoin SV, eCash, And CAKE

The global crypto market cap is $1.23 trillion today, up by 0.24% in the last 24 hours. Several factors influence the market’s outlook daily. BTC [...]

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Bitcoin Breaches 12-Year Support Line Against Gold Is The Bull Run Over?

As Bitcoin (BTC) struggles amid the latest crypto market pullback – failing to decisively break past the $84,000 resistance – gold (XAU) continues its impressive rally, soaring to a record high of $3,000 per ounce on March 14. Bitcoin Gets Outshined By Gold 2025 has started on a shaky note for the worlds largest cryptocurrency. BTC is down over 10% year-to-date (YTD), falling from approximately $94,000 on January 1 to around $84,000 at the time of writing. On the flip side, gold has surged nearly 13% in the same period. Related Reading: Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says Market analyst Northstar shared the following chart on X yesterday, illustrating the BTC-to-gold ratio over the past 12 years. According to the chart, BTC is beginning to break below a critical support line that has held strong for more than a decade. If Bitcoin sustains price action below this support line for several weeks or months, it could signal the end of the current crypto bull run. BTCs underperformance against gold is also evident in the contrasting capital flows into BTC and gold exchange-traded funds (ETFs). According to data from the World Gold Council, US-based spot gold ETFs have attracted inflows exceeding $6 billion YTD. Globally, spot gold ETFs have seen more than $23 billion in inflows. Meanwhile, data from SoSoValue indicates that US-based spot BTC ETFs have experienced nearly $1.5 billion in net outflows YTD. This sharp contrast in capital movement reflects a shift in investor strategy from risk-on to risk-off assets. Several factors may explain investors’ growing aversion to risk-on assets, including US President Donald Trumps new trade tariffs, the US Federal Reserves (Fed) hawkish monetary policy, and the recent stock market rout. Is The Crypto Bull Run Over? BTCs underperformance relative to gold casts doubt on the longevity of the current crypto bull market. The total crypto market cap has shed over $600 billion since the start of the year, now standing at approximately $2.8 trillion. Related Reading: Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction Very Normal In A Bull Market Renowned gold advocate Peter Schiff argues that BTC has already been in a bear market for the past three years. In an X post, Schiff stated: One Bitcoin now buys 27.7 ounces of gold. At its peak in 2021, one Bitcoin bought 36.3 ounces of gold. That means that in terms of gold, which is real money, the price of Bitcoin has fallen by 24%. So Bitcoin has been in a stealth bear market for the past three and a half years. That said, positive macroeconomic developments could still turn the tide in BTCs favor. For example, US inflation appears to be cooling, which may pressure the Fed to pivot toward quantitative easing and boost market liquidity –  a potential boon for risk-on assets. Likewise, a breakdown in the US dollar index could reignite optimism for assets like stocks and cryptocurrencies. At press time, BTC trades at $84,902, up 3.8% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com

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Gold vs. Bitcoin: This investment protects you better in the coming financial crisis!

Should you buy gold or bitcoin right now to protect your wealth? Let's take a look at Gold Vs. Bitcoin in more detail.

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What Is Bitcoin Gold? BTG Token Rose 40% during a Market Collapse?

In this article, we will be looking into the Bitcoin Gold project to understand why the BTG tokens has been posting a surge amidst the crash.

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Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’

3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022.

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What Is the Best Cryptocurrency to Mine?

Mining is one of the most popular ways to make money with crypto. However, it has been steadily becoming less and less profitable as time...

The post What Is the Best Cryptocurrency to Mine? appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.

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Bitcoin Gold Price Prediction

A hard fork of the famous Bitcoin, Bitcoin Gold (BTG) was established in 2017 by Jack Lao, the creator of Lightning ASIC, who said that the main goal of the new cryptocurrency was to improve the initial protocol and act as a link between the fiat and digital currency worlds. Bitcoin Gold (BTG) isn’t famous for huge price movements, but it is known for its solid technical base and innovative features. Although it has less mooning potential than other coins […]

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Bitcoin (BTG) Gold Reflects Continual Uptrend Since Last Month

Bitcoin Gold aims at a unique ecosystem, which seems unlikely to exist in the current setup of economy and blockchain. Today, blockchains are not meant much without the underlying valuation in terms of fiat currencies, which is the very aspect BTG intends to transform.  The price action on this counter is a strong one, even …

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Renowned Economist Says Bitcoin Isnt Digital Gold, Then What Is It?

Chief Economist and Bitcoin antagonist, Peter Schiff has made another controversial statement about BTC, comparing the worlds largest cryptocurrency to gold, while expressing skepticism about BTC being lauded as the digital gold. Bitcoin Is Digital Anti-Gold In a February 27 post on X (formerly Twitter), Schiff publicly criticized Bitcoins title as the digital gold, asserting that the cryptocurrency should be seen as a bet against gold instead of a digital counterpart of the precious metal. While the renowned economist has stated that Bitcoin is not digital gold, he has also provided his version of a more accurate description of Bitcoin, characterizing the cryptocurrency as a digital anti-gold. Related Reading: Can Ethereum Touch $4,000? Crypto Analyst Says ETH Rally Far From Over Earlier in November 2023, ARK Invest CEO, Cathie Woods declared Bitcoin to be a digital gold, confidently stating that she would rather wager on Bitcoin than gold. Similarly, Chief Executive Officer (CEO) of MicroStrategy, Michael Saylor and CEO of VanEck, Jan van Eck, have confirmed BTC to be the ultimate store of value.  These sentiments and statements from renowned BTC investors and leading cryptocurrency supporters clearly contrast Schiff’s perspective on BTC. The global strategist is well known for his opposing views against BTC and other cryptocurrencies, often criticizing the value of these digital assets and informing the broader crypto community of the risks associated with cryptocurrencies while glorifying golds value.  The economist has remained critical of Bitcoin’s perceived role as a digital store of value, highlighting that BTC buyers should hope for the sustained control of inflationary pressures and the ongoing strength of the United States dollar (USD) against other fiat currencies. Crypto Community In Opposition The crypto community has swiftly offered their personal opinions on Schiffs statement about Bitcoin, opposing the Bitcoin antagonists views and showcasing their relentless support for the cryptocurrency.  Related Reading: Cardano Adoption Explodes: ADA Price Ready To Reclaim $3.1 All-Time High? One crypto community member has asserted that Schiffs Bitcoin remarks lack theoretical validity, stemming from a fundamental misunderstanding and fear of BTC’s value and potential. Another member has highlighted the differences between gold and Bitcoin, describing the cryptocurrency as a tech innovation which has nothing to do with precious metals like gold.  The majority of crypto members have shown unwavering support for BTC, with some even stating that Bitcoin could potentially surpass the value of gold in the future. Bitcoin is going to consume gold. Its not a matter of if, its a matter of when, a community member stated. BTC price surges despite criticism | Source: BTCUSD on Tradingview.com Featured image from InfoMoney, chart from Tradingview.com

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Bitcoin Breaking $117,000 Could Trigger Parabolic Rally Analyst

It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility Bitcoin Key Levels To Watch $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci shared an interesting technical analysis on the BTC market highlighting two key zones that could decide the short-term price direction. One of these critical zones is the 1.6 Gold Ratio Multiplier which currently stands at $117,000. The 1.6 Golden Ratio Multiplier is a valuation tool used to identify vital resistance zones in a bull market. Therefore, Kesmeci postulates that if the Bitcoin Futures market closes above $117,000, spot traders can anticipate the bull rally to rediscover its form leading to an immediate uptrend. The second important price zone identified by Burak Kesmeci is the 111-day Moving Average (111DMA) which is presently at $94,000. The 111DMA is a commonly used moving price average indicator that often acts as a key dynamic support level during the bull run. Consequently, a weekly or daily price close below $94,000 in the Futures market will invite a strong bearish pressure on Bitcoin translating into an immediate price dip.  Based on Kesmecis postulation, Bitcoin will likely soon break out of its current consolidation zone to register any significant price movement.  Bullish factors that may support a price breakout include an increase in ETF inflows and corporate crypto interest, as well as substantial progress in the USs new pro-crypto agenda. On the other hand, investors should fear variables such as negative macroeconomic developments e.g. a hike in Fed interest rate especially considering the recent rise in US inflation. Related Reading: Shiba Inu Millionaire Numbers Fall Below 1,000 After Market Crash, How Much Do They Control? BTC Exchange Inflows Hit $1 Billion – Price Dip Incoming? In other news, analytics site IntoTheBlock reports the Bitcoin market recorded an inflow of over $1.3 billion resulting in a net inflow of $1.04 billion. Generally, massive exchange inflows are interpreted as a bearish signal as investors are likely moving their assets in preparation to sell on the exchange. At press time, the leading cryptocurrency continues to trade at $97,653 reflecting a 0.50% gain in the past 24 hours. However, its daily trading volume crashed by 12.80% and is presently valued at $32.29 billion. With a market cap of $1.93 trillion, BTC continues to rank as the largest digital asset. Featured image from iStock, chart from Tradingview

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Bitcoin Bullish Signal: NUPL Is Forming A Golden Cross

On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) is forming a golden cross, a sign that could be bullish for the price. Bitcoin NUPL 60-Day MA Has Crossed Above 365-Day MA An analyst in a CryptoQuant post pointed out that this crossover pattern has been repeated multiple times since 2013. The “Net [...]

The post Bitcoin Bullish Signal: NUPL Is Forming A Golden Cross appeared first on Crypto Breaking News.

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Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple has been approaching its 365-day moving average (MA) recently. The “Puell Multiple” here refers to a popular on-chain indicator that tells us about how the revenue of the Bitcoin miners compares against its yearly average. BTC miners earn their income through two sources, the transaction fees and the block subsidy, but in the context of the Puell Multiple, only the latter is relevant. Block subsidy is the reward miners receive as compensation for adding blocks to the network. Related Reading: Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run? When the indicator’s value is greater than 1, it means the miners are currently making a higher revenue than the average for the past year. On the other hand, it being under the threshold suggests the miners are earning less than usual. Now, here is a chart that shows the trend in the Bitcoin Puell Multiple, as well as its 365-day MA, over the last few years: As displayed in the above graph, the Bitcoin Puell Multiple had plunged under the 1 mark earlier in the year, but recently, its value has seen a sharp rise back towards the mark. The reason behind the earlier plummet was the occurrence of the fourth BTC Halving. “Halvings” are events coded into the blockchain that automatically shave off the asset’s block subsidy in half every four years. As the Puell Multiple keeps track of the block subsidy, it naturally makes sense that the Halving would drastically affect the ratio’s value. Outside of the Halvings, the block subsidy remains constant in BTC value and is more or less given out at a constant rate. However, the ratio’s value can still change at times other than Halvings because it measures the USD value of the miner revenue. The rewards that miners get are in BTC and so, their value is also tied to the USD rate of the asset. With the cryptocurrency observing a sharp rally recently, the miner revenue seems to be back to the same as the 365-day MA. The 1 mark isn’t the only important level the Puell Multiple has risen to; it is now near its 365-day MA. In the chart, the quant highlighted what happened the last three times the metric broke above this line. It would appear that the asset went on to rally at least 76% each time. Related Reading: Is $135,000 Bitcoins Current Ceiling? This Model Says So It remains to be seen whether the Puell Multiple could break above this line, potentially giving a bullish signal for Bitcoin, or if the retest would fail. BTC Price Bitcoin has recently witnessed a cooldown in bullish momentum as its price has fallen to a sideways movement. At present, BTC is trading at around $91,900. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset’s price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the Bitcoin SOPR Ratio. The “Spent Output Profit Ratio” (SOPR) is an indicator that tells us about whether the Bitcoin investors as a whole are selling at a profit or loss. When the value of this metric is greater than 1, it means the average holder is making BTC transactions at a net profit. On the other hand, it being under the mark implies loss-taking is dominant on the network. Related Reading: Dogecoin Surges 16%, But Heres What DOGE Risk Indicator Says About Rally The SOPR Ratio, the actual metric of interest here, keeps track of the ratio between the version of the SOPR specifically for short-term holders and that for long-term holders. Short-term holders (STHs) and long-term holders (LTHs) are the two main divisions of the Bitcoin userbase made on the basis of holding time. The cutoff between these cohorts is 155 days, with investors who hold past this mark moving from the STHs to the LTHs. Now, here is the chart shared by the analyst that shows the trend in the Bitcoin SOPR Ratio and its 90-day moving average (MA) over the history of the cryptocurrency: As displayed in the above graph, the Bitcoin SOPR Ratio has seen a surge recently, which suggests the LTHs have been ramping up their profit-taking compared to the STHs. This trend is something that has historically been witnessed during bullish periods, since the LTHs are resolute entities who tend to amass large profits by the time the bull run hits in full swing. The STHs are by definition the holders who bought within the past five months, meaning that their cost basis lies somewhere around the prices that BTC was trading at inside this window. Thus, their profits are never as big as the LTHs, who often have their cost basis close to bear market lows. This is why the ratio blows up toward the LTHs in bullish periods. With the latest increase, the SOPR Ratio has reached a value of 1.8 and has surpassed its 90-day MA. In the chart, the CryptoQuant author has highlighted the past instances of this crossover. It would appear that this pattern has generally proven to be bullish for Bitcoin. Related Reading: Is It Too Late To Accumulate Bitcoin? What This Indicator Says Naturally, the profit-taking from the LTHs can be a concern, but as is apparent from the graph, the cycle has usually only been at risk of topping out when the ratio has broken above a value of 7. Thus, there could still be plenty of room to run for Bitcoin, with demand potentially absorbing the LTH profit-taking until the same extreme levels as the past cycles. BTC Price At the time of writing, Bitcoin is trading at around $68,200, up more than 1% over the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard

Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape. (Read More)

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Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospects

The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking [...]

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BTG Price at $71.37 after 12.2% Gains – How to Buy Bitcoin Gold

The crypto market has entered the weekend with a slight pullback. However, price action shows consolidation, and steep dips or gains are yet to be [...]

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