Gold Hits $3,362 All-Time High as Bitcoin Surges Past $86K in Market Rally

Gold surged to $3,362 as investors shifted to safe-haven assets amid market fears. Bitcoin climbed to $86,600, mirroring gold’s rally in a rare synchronized market move. Rising together, gold and Bitcoin highlight shifting investor focus toward hard asset safety. Gold and Bitcoin recorded significant price movements on April 21, 2025, marking a notable development in global financial markets. According to economist Peter Schiff, gold gained $33, reaching a record high of $3,362 per ounce. At the same time, Bitcoin climbed to $86,600, deviating from its typical market behavior. In a social media post , Schiff questioned the timing of Bitcoin’s rally. He suggested that the move may have been aimed at diverting market concern from gold’s historic milestone. Schiff’s comments show the controversy surrounding the changing relationship between digital currencies and traditional safe-haven assets. Gold Reaches Record High Amid Growing Market Uncertainty During uncertain economic conditions, investors’ demand for stability is reflected in gold’s performance. According to Trading Economics data , the recent price increase follows persistent issues with inf… The post Gold Hits $3,362 All-Time High as Bitcoin Surges Past $86K in Market Rally appeared first on Coin Edition .

Source: Coin Edition