Gold prices surged to new weekly highs as Bitcoin experienced a 6.25% year-to-date decline, prompting a shift in investor sentiment towards precious metals. Silver also saw gains, attracting attention from crypto investors amid a broader market downturn.
Ethereum's 12% slide further deepened the bearish mood, with Bitcoin failing to rally alongside tech stocks or precious metals. Experts like Louis Navellier and Peter Schiff suggest reallocating investments to gold, citing its stability and strong demand from central banks as Bitcoin struggles to recover.
Gold Gains as Bitcoin Declines, Experts Advise Reallocation
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