Gold exceeds $ 3500: the effects of bitcoin and encryption traders Flash news details

On April 22, 2025, at 10:30 am EST, gold prices rose to a historic rise of $ 3500 an ounce, a milestone that has caused great attention across the financial markets, including the cryptocurrency sector (Source: Crypto Rover, Twitter). This unprecedented height in the golden value has caused widespread speculation about its potential effect on bitcoin and other digital assets. The immediate reaction to the encryption market was 4.5 % at Bitcoin, as it reached 82340 dollars by 11:00 a.m. EST, indicating a possible relationship between gold movements and bitcoin (Source: Coinmarkcap, April 22, 2025). This event has not only increased market fluctuations, but also stressed the interconnection of traditional and digital assets in the financial ecosystem today.

The rise in gold prices was to $ 3500 trading directly on bitcoin and other encrypted currencies. At 11:15 am US EST, Bitcoin trading sizes on the main stock exchanges increased such as Binance and Coinbase by 22 % compared to the average of the previous day, indicating an increase in interest from traders who seek to take advantage of potential ripples of gold height (Source: TradingView, April 22, 2025). Moreover, the percentage of bitcoin to gold, which was hovering about 23.5, witnessed a slight decrease to 23.4, indicating a shift in the feelings of investors towards gold as a safe origin of a haven in volatility (Source: Blockchain.com, April 22, 2025). This shift has increased trading activity in Bitco-Gold trading, with 15 % rising sizes via major platforms by 12:00 pm (Source: CryptocCOSPARE, April 22, 2025).

Technical indicators and trading volume data shed light on the market response to the highest historical history of gold. By 12:30 pm EST, the RSI Relative Power Index (RSI) reached 72, indicating conditions at the height of purchase, yet the market continued to show bullish morale with different moving average rapprochement (MACD) that shows a positive intersection (Source: Tradingview, April 22, 2025). The scales on the series also reflected an increased activity, as the number of active bitcoin addresses increased by 8 % to 1.2 million in the first hour of gold that reaches $ 3500 (Source: Glassnode, April 22, 2025). In addition, the 24 -hour trading volume of ETHEREUM, which is another main cryptocurrency, witnessed an increase of 10 % to $ 25 billion, indicating the impact of the broader market to post -Bitcoin only (Source: Coingecko, April 22, 2025).

The questions circulating about the increase in gold prices and their impact on the trading of the encrypted currency include inquiries about the period in which the relationship between gold and bitcoin may continue and whether other cryptocurrencies will follow their example. Analysts suggest that although the link may continue in the short term, it is subject to various economic factors. Regarding other encrypted currencies, ETHEREUM, Altcoins such as Litecoin and Cardano have seen a 3.2 % increase in prices, 2.8 %, 2.5 %, respectively, by 1:00 pm on April 22, 2025, indicating a wider market response in the gold market (Source: Coinmarkketcap, April 22, 2025).