Matrixport: A breakthrough of $3,000 in gold or BTC reaching $100,000 may trigger short-term consolidation

ChainCatcher news, Matrixport stated that the gold price has broken through historical highs, further reinforcing the narrative of Bitcoin as "digital gold." This trend has gradually emerged since the summer of 2023 when gold surpassed $2000.

Currently, gold is not only viewed as a hedge against the inflation of U.S. debt but has also become a safe-haven asset to avoid tariff risks.

With institutions like BlackRock driving market sentiment for Bitcoin, the status and momentum of Bitcoin and gold as alternative assets continue to rise. Although a gold price exceeding $3000 or Bitcoin reaching $100,000 may trigger short-term corrections, the overall upward trend is expected to continue.