Bitcoin is retreating against gold, testing the safe haven.

Bitcoin and Gold: Different Paths

Gold is gaining significant profits due to expectations of interest rate cuts and the increase in geopolitical risks. This situation creates a challenging scenario for Bitcoin, which struggles to maintain important levels.

Bitcoin's performance is being pressured by market positioning and macroeconomic factors, further highlighting its contrast with Gold. Gold is traditionally considered a reserve asset.

Growth in Gold-Backed ETFs

There is a stable growth observed in gold-backed exchange-traded fund (ETF) products. Leading banks are forecasting that prices will continue to rise in the coming years. In this context, it becomes one of the areas attracting investors' attention.