Wall Street Joins BRICS Gold Bull Run - $10,000 Price Target Sparks Institutional Frenzy

Wall Street giants are diving headfirst into the BRICS gold rush, placing massive bets on the precious metal hitting unprecedented $10,000 levels.

The Gold Standard Reinvented

Major financial institutions are reallocating billions into gold positions, mirroring BRICS nations' aggressive accumulation strategy. Trading floors are buzzing with predictions that could reshape global reserve assets for decades.

Institutional Gold Rush Accelerates

Hedge funds and asset managers are building gold exposure at levels not seen since the 2008 financial crisis. The metal's traditional safe-haven status is getting a modern makeover as digital gold ETFs see record inflows alongside physical holdings.

Central Banks Fuel the Fire

BRICS nations continue stacking bullion while Western institutions play catch-up. The coordinated buying creates a supply squeeze that could send prices parabolic—proving once again that when central planners zig, Wall Street eventually zags.

As one trader quipped: 'Gold's the original cryptocurrency—just without the memes and with actual intrinsic value.' The race to $10,000 is officially on, and this time, the suits are leading the charge.

CZ Pushes Back At Doubters

Changpeng Zhao, the former Binance chief, answered critics on social media who suggested BNB’s steady price action deserved closer scrutiny.

He mocked those raising alarm, using a laugh emoji and urging people to share more examples of BNB’s strength.

He also said he was unaware of any affiliated entities buying or selling BNB in recent days and highlighted the community and infrastructure behind the chain as reasons for confidence.

According to CoinMarketCap data, BNB’s limited drop put it in the same group as Bitcoin among the top-five coins that recorded minimal daily losses during the liquidation event. That put BNB in a small set of assets that outperformed peers while the market bled.

fudders even try to make this sound like a bad thing?

Please post more of this about #BNB.https://t.co/hOUy6ll4BS

— CZBNB (@cz_binance) October 12, 2025

Community And Utility Provide Support

Reports have disclosed several practical reasons why BNB held up. The token offers trading fee discounts, which become more valuable when volatility spikes and trading volume rises.

Network revenue also climbed with the surge in activity, giving the token real transactional demand beyond speculation. BNB’s deflationary token design was mentioned as another factor that can support price under stress.

Interesting how BNB was barely affected at all. pic.twitter.com/xurnb5vr1a

— Jason Appleton (Crypto Crow) (@jasonappleton) October 12, 2025

Some observers have pointed out an additional feature: a lack of market Maker involvement. CZ reiterated that claim, saying the project does not rely on affiliated trading entities to prop up price, and that the chain’s community and core functions help absorb shocks.

Prominent trader Altcoin Sherpa described the token as “insanely strong,” noting that its outperformance was surprising even during a broad market rebound. Market participants took notice when BNB’s intraday loss turned out to be deeper than its modest seven-day decline, suggesting buying interest reappeared at key levels after the worst of the sell-off passed.

$BNB is insanely strong, this surprised me a bit seeing the MOVE today. All majors are bouncing a bit but BNB outperformance still confirms that BSC/BNB ecosystem is the place to play for now. pic.twitter.com/cYDbjJerKo

— Altcoin Sherpa (@AltcoinSherpa) October 12, 2025

Some figures in the crypto space reported that certain meme-focused tokens plunged as much as 80% during the same period. By contrast, BNB’s deeper dip at one point reached about 17% before it recovered — a pattern that left traders debating whether the move was driven by genuine demand or by the particular structure of the Binance ecosystem.

Featured image from Getty Images, chart from TradingView