Monday, December 23, 2024
Home > News > Bitcoin News > Bitcoin (BTC) Prices Edge Towards $31K as Gold Offers Bullish Cues

Bitcoin (BTC) Prices Edge Towards $31K as Gold Offers Bullish Cues

Prices are up 14% for the month, with gold registering a much lesser 6.7% gain. Gold, however, picked up a bid a week before bitcoin, as the outbreak of tensions between Israel and Hamas, alongside continued speculation about the end of the Fed tightening cycle, signaled an inflationary regime ahead.

Source