Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks

Bitcoin continues to exhibit a subdued performance in the financial markets, displaying limited fluctuations and a lack of momentum, while gold has surged to set a new record price, climbing above the impressive threshold of $5,400. This significant rise in gold's value comes in the wake of recent remarks made by Jerome Powell, the Chair of the Federal Reserve, which have likely influenced investor sentiment and contributed to the shifting dynamics between these two prominent assets. source: https://www.coindesk.com/markets/2026/01/28/bitcoin-remains-subdued-as-gold-races-to-new-record-above-usd5-400-following-jerome-powell-remarks