Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to read how markets are moving this September. From ETF (exchange-traded fund) flows to sudden liquidations, gold and Bitcoin (BTC) are shaping very different stories as investors search for stability and opportunity.
Crypto News of the Day: Gold Outshines Bitcoin as ETF Inflows Signal Shifting Market Trends
September has been marked by surging ETF inflows into both gold and Bitcoin. However, gold is stealing the spotlight.
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On a 30-day rolling basis, inflows into gold funds are outpacing Bitcoin ETFs, with gold nearing its strongest yearly gain.
Experts highlight the growing demand for hard assets like gold and Bitcoin, noting that the trend could continue as the Federal Reserve signals more rate cuts ahead.
“Gold is outpacing Bitcoin…close to its strongest surge of the year, fueling a run of new highs…with the Fed signaling more rate cuts ahead, the trend is likely to continue,” wrote ecoinometrics, a popular account on X.
It aligns with a recent US Crypto News publication that indicated that Fed rate cuts could push Bitcoin to $145,000.
Amid the optimism, Deutsche Bank sees Bitcoin joining gold on central bank balance sheets by 2030, as indicated in the previous
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Author: Lockridge Okoth
