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Analyst Warns Gold Movement Toward All-Time High ‘Not A Great Sign’ For ETH, Altcoin Investors

cryptonews100_tggfrn by cryptonews100_tggfrn
July 23, 2025
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Analyst Warns Gold Movement Toward All-Time High ‘Not A Great Sign’ For ETH, Altcoin Investors
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Bitcoinrose, however different main cash pulled again Tuesday as buyers weighed the implications of a falling U.S. greenback and yields on authorities debt.

Cryptocurrency

Positive aspects +/-

Worth (Recorded at 10:15 p.m. ET)

Bitcoin (CRYPTO: BTC)

+1.40%

$119,262.73

Ethereum (CRYPTO: ETH)

-0.99%

$3,747.04

Dogecoin (CRYPTO: DOGE)

-1.58%

$0.2664

What Occurred: Bitcoin climbed to an intraday excessive of $120,269.97 earlier than sliding to the early $119,000s in a single day. The coin’s buying and selling quantity rose by 6.14% during the last 24 hours.

The rise comes amid a weakening greenback and falling Treasury yields, as expectations for rate of interest cuts stay elevated. Spot gold additionally surged to its highest level in over a month.

Ethereum’sadvance, then again, calmed down as buyers started taking earnings after the second-largest…

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