This is incredible:
Bitcoin ETFs are on track to surpass gold ETFs in assets under management for the first time in history.
AUM in the largest cryptocurrency ETFs has doubled over the last 12 months, to ~$150 billion.
During the same period, gold ETFs have risen ~40% to a record $180 billion.
To put this in perspective, gold ETFs were 5 TIMES larger than Bitcoin ETFs just 3 years ago.
At this pace, Bitcoin ETFs could overtake gold ETFs as early as next year.
Crypto markets are making history.
This is truly incredible:
Gold prices are now officially up +50% over the last 14 months and made ANOTHER all time high.
In fact, gold's market cap just hit $20 TRILLION for the first time in history.
Why are people still piling into gold? Let us explain.
(a thread)
JUST IN: 🇺🇸 Texas Senate holds public hearing on Strategic Bitcoin Reserve legislation 👀
"Bitcoin, referenced as digital gold by the US Treasury, has become a recognized asset in the financial markets."
SUMMARY OF FED DECISION (1/29/2025):
1. Fed leaves rates unchanged, pausing the "Fed Pivot"
2. Decision to halt cuts was unanimous 12-0 vote
3. Fed says inflation "remains somewhat elevated"
4. Fed says "unemployment has stabilized at a low level"
5. Statement on progress toward 2% inflation removed
6. The Fed seems to be aware disinflation has stalled
The battle against inflation continues in 2025.
Stick with fundamentals. Time will be on your side.
A hot market may have many "opportunities" or "quick returns." But it is best to stick with fundamentals.
Learn how to read popular crypto candlestick patterns.
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