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Gold breaks through $4,000, Bitcoin makes a short-term correction, but the market outlook is optimistic

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2025-10-08 14:03:59
Gold broke through the $4,000-an-ounce mark for the first time, while bitcoin prices retreated, mainly due to profit-taking after the crypto market rallied 7.7% in less than a week.
Nonetheless, institutional interest in bitcoin remains strong. Last week, the net inflow of spot bitcoin ETFs in the United States exceeded $3 billion, and the total net inflow exceeded $60 billion. XS.com market analyst Linh Tran said that bitcoin is basically good in the short term. If the Federal Reserve releases a signal to cut interest rates, bitcoin is expected to expand new price space in the fourth quarter. (Golden Ten)
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