Bitcoin Still Below Peak as Gold Climbs—Is a Catch-Up Rally Imminent?

Gold prices climbed to a new all-time high in Asian trading hours on Monday, with spot prices surging to $3,800 per ounce. The surge came as the US dollar weakened following recent Federal Reserve rate cuts, while ongoing geopolitical tensions continued to drive demand for safe-haven assets. The milestone has sparked debate over what it could signal for Bitcoin (BTC). Many analysts suggest that the ‘digital gold’ may soon follow the precious metal’s lead and attempt to reclaim its own all-time high source: https://beincrypto.com/gold-all-time-high-bitcoin-uptober-outlook/