Gold Hits Record High as Bitcoin Takes a Tumble

Gold has soared to an all-time high of $3,485 per ounce on Monday, fueled by investor confidence in the face of President Donald Trump’s recent inflationary remarks. In contrast, Bitcoin experienced a sharp decline, reaching an eight-week low as investors seek diversification amidst market uncertainty. This divergence between gold and Bitcoin demonstrates a growing divide in market sentiment, according to analysts.