Bitcoin and Crypto Markets Flex Muscle as Gold Plays Catch-Up – May 12 Price Action Unpacked
Crypto bulls charge ahead as Bitcoin shrugs off macro fears—meanwhile, gold bugs still waiting for their ’safe haven’ moment. Here’s what moved the needles on Tuesday.
BTC tests key resistance while altcoins rally: Ethereum leads the pack with a 5% surge, leaving traditional assets eating dust. Meme coins? Somehow still a thing.
Gold’s ’store of value’ narrative takes another hit as crypto volatility pays off for risk-on traders. Wall Street analysts, meanwhile, are busy downgrading their own price targets.
Crypto Today: SHIB, Pi Network and DOGE emerge as top gainers as bitcoin crosses $2T market cap
Cryptocurrency markets consolidated NEAR the $3.5 trillion market cap, down by a mild 0.7%, at press time on Monday.
Over the past two weeks, Bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further.
