Bitcoin has surged past the $110,000 mark on October 21, 2025, marking a significant milestone as gold prices experienced their largest daily drop since 2013. This inverse movement underscores a shift in market preferences, with Bitcoin's volatility contrasting with gold's traditional safe-haven status.
Analysts suggest that macroeconomic forces are influencing these changes, with increasing institutional adoption of Bitcoin playing a key role. Despite the volatility, Bitcoin continues to attract interest, while gold remains supported by its traditional backing. Investors are encouraged to keep an eye on on-chain data and institutional reports for further insights.
Bitcoin Breaks $110,000 Amid Sharp Gold Decline
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.