Bitcoin is retreating against Gold, testing the safe haven.

Bitcoin and Gold: Different Paths

Gold is achieving significant gains due to expectations of interest rate cuts and increasing geopolitical risks. This situation presents a challenging outlook for Bitcoin, which is struggling to maintain important levels.

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

Growth in Gold-Backed ETFs

There is steady growth observed in gold-backed exchange traded fund (ETF) products. Leading banks are forecasting that prices will increase further in the coming years. In this context, it is becoming one of the areas attracting investors' attention.