Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 313
    CryptoMarketNewsSponsored Article

    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309

    Could the Next Life-Changing Meme Coin Be Hiding in Plain Sight? Imagine…

    By
    Benedikt Krüger
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
    Bybit MiCAR license
    NewsCryptoMarket
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    May 30, 2025
  • Cryptocurrency
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    7 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Why Bitcoin and Gold Are Rising: Analysts Share All the Reasons
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Why Bitcoin and Gold Are Rising: Analysts Share All the Reasons
News

Why Bitcoin and Gold Are Rising: Analysts Share All the Reasons

scene featuring Bitcoin and gold symbols rising together with charts showing upward trends and references to global liquidity and
Milena Volodina
Last updated: September 21, 2024 9:19 am
By
Milena Volodina
Published September 21, 2024
2 Min Read
Share

In recent days, both Bitcoin and gold have seen significant price increases. According to market analysts, the reasons behind this rise include growing global liquidity, central bank balance sheet expansions, and the Federal Reserve’s recent interest rate cuts. Over the past five days, Bitcoin has surged 7%, surpassing $64,000 for the first time since August, while gold reached a new record high of $2,600 per ounce.

Factors Behind the Rise of Bitcoin and Gold

Charlie Bilello, Chief Market Strategist at Creative Planning, noted that for the first time since Bitcoin’s creation in 2009, both Bitcoin and gold are among the best-performing assets of the year.

Analyst James Van Straten attributes this outperformance to several factors, including the expansion of global central bank balance sheets and the Federal Reserve’s decision to cut interest rates by 50 basis points in an effort to stimulate investment and economic activity. Although the Federal Reserve’s current balance sheet stands at $7.1 trillion, quantitative tightening has slowed, and the reduction in reverse repurchase balances, which now sit slightly above $300 billion, has provided liquidity to the financial system, encouraging lending, investment, and overall economic growth.

featuring both Bitcoin and gold symbols prominently rising against a backdrop of global liquidity and central bank balance sheet

Globally, the total balance sheets of the world’s 15 largest central banks, including the U.S., European Union, Japan, and China, have surged to around $31 trillion. This trend, which has been climbing since July, reflects a recovery in global liquidity that has particularly benefited Bitcoin, a cryptocurrency closely tied to liquidity trends.

With lower interest rates encouraging investment in riskier and alternative assets, the Federal Reserve’s rate cut has further strengthened both Bitcoin and gold. Analysts agree that increasing liquidity and stimulus measures have helped both assets reach new highs, solidifying their roles as the top-performing assets in the current economic environment.

For more insights on this economic trend and how Bitcoin and gold are responding, follow Deythere.

Bitcoin, gold, liquidity, Federal Reserve, central bank balance sheet

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Gary Gensler’s 2024 Crypto Report Card: SEC Enforcement in Decline

Trump’s New Trade Decision and Its Impact on Crypto

Polkadot’s Logo To Feature On Lionel Messi’s Jersey With Inter Miami Partnership

Has the Mystery of Bitcoin’s Creator Been Solved? HBO Documentary Points to This Name as Satoshi Nakamoto

Top Analysts’ Latest Crypto Predictions: End of October Targets

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMilena Volodina
Milena Volodina is a blockchain strategist and cryptocurrency expert with 9 years of experience in the industry. With a background in finance and technology, Milena has worked on numerous blockchain projects, including the development of decentralized finance (DeFi) platforms and blockchain-based financial services. Her expertise in both the technical and financial aspects of blockchain technology allows her to provide a comprehensive view of the industry. At DT NEWS, Milena offers readers expert analysis and insights into the latest trends and innovations in the blockchain and cryptocurrency world, ensuring they stay informed about key developments.
Previous Article showing altcoin symbols like Ethereum Cardano and Solana rising above Bitcoin reflecting their stronger market performanc Altcoins Surge Ahead: Outperform Bitcoin and Ethereum! Analysts Weigh In
Next Article Bitcoins future amidst political and regulatory forces. The Bitcoin symbol is central surrounded by abstract forms rep What Happens to Bitcoin if Kamala Harris Wins the U.S. Election? Analysis Firm Shares Unusual Theory
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English