Gold prices experienced the largest one-day drop since 2013, sparking a swift rally in crypto markets. Crypto analyst Michaël van de Poppe observed this dramatic shift and predicted a potential turning point. His call appeared to be spot on, with Bitcoin surging past $112,000 and Ethereum reaching $5,000, marking a brief period of optimism for the crypto world. However, the rally lost momentum within hours, with Bitcoin falling back to around $108,000, Ethereum returning to the low $3,800s, and most altcoins losing their initial gains. This quick reversal suggests that while there’s enthusiasm for crypto as a potential alternative asset, the move lacked strong volume or conviction behind it.