Gold rallies as Bitcoin consolidates: a recurring trend

Quick Take Gold continues to set new all-time highs, recently using $2,500 as support and reaching as high as $2,510. Meanwhile, Bitcoin, often referred to as “digital gold,” is trailing behind, currently about 15% below its all-time high. Bitcoin has been in a consolidation phase for nearly six months, contrasting with gold’s steady uptrend. However, […] source: https://cryptoslate.com/insights/gold-rallies-as-bitcoin-consolidates-a-recurring-trend/