{"content":"🪙 Gold Hits ATH — Is Bitcoin the Next in Line for a Breakout? Global uncertainties and new US trade obstacles propel gold prices to a record $3,578 in early September. Bitcoin revisits two-month lows of $107,350, continuing a three-week drop from its August record high of $124,474. This era shows near-zero connection between gold and Bitcoin, challenging the “digital gold” concept while supporting both as complimentary hedges. To assess Bitcoin and Gold's market outlook, FXStreet consults different specialists. Gold (XAU/USD) reached a new all-time high of $3,578 in early September, while Bitcoin (BTC) retested July lows following a three-week slump, reigniting the argument over Gold vs Bitcoin as a store of wealth. Both assets have poor correlation, challenging the “digital gold” concept but supporting them as complementing hedges. Crypto professionals were interviewed by FXStreet to learn more about Gold and Bitcoin. Gold reaches $3,578 in early September. Gold price soared, smashing April's record $3,500 and reaching $3,578 on Wednesday following months of continuous buildup. This yellow metal price spike is due to global uncertainty and US trade obstacles. Central banks currently hold more gold than US Treasuries for the first time since 1996 due to its resiliency. According to Bitwise Europe and Bloomberg, the US public debt has grown to $36 trillion or 123% of GDP and is expanding at an alarming 7.43% yearly since April 2020. This week, Bitwise Research reported that fiscal deficits and money supply increases had accelerated, particularly after the 2020 COVID-19 pandemic required a large fiscal and monetary reaction. The 2022 Russian-Ukrainian conflict raised inflation expectations and geopolitical tensions, eroding faith in US Treasuries and causing their worst performance in history, lagging Gold. #GoldPriceRecordHigh #ListedCompaniesAltcoinTreasury #BTCvsETH #BTCReserveStrategy #MarketPullback $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/05/b048e4b1a07c74e565c6326918d31258.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}