Bitcoin Stalls Near Record Highs as Gold Reaches New Peak
- Bitcoin traded near $104,400, just 4.7% below its record high.
- Gold reached a lifetime high of $2,799 per ounce, with a 6.5% gain for the month.
- Tether gold (XAUT) hit its peak at $2,796 on Bitfinex.
- Tokyo’s core inflation rose to 2.5% in January from the previous year’s figure.
Bitcoin’s price rally paused near its all-time high as gold surged to $2,799 per ounce. Meanwhile, Tokyo’s inflation rate increased to 2.5%, signaling potential economic shifts.
Source (2.6)https://www.coindesk.com/markets/2025/01/31/bitcoin-steady-gold-tokens-shine-as-xau-hits-record-high-inflation-in-tokyo-rises?rand=52298
