Gold and Bitcoin, two antagonistic assets, reached all-time highs on the same day as investors feared "losing the team."
Analysts predict that their prices will continue to rise in the near future and recommend investing in the best yellow metals and risk cryptocurrencies. Chance can happen in the markets and sometimes it does. But what happened this week is “so improbable that it is hard to believe,” analysts say. And it is that two antagonistic assets such as gold - a safe haven value in which the most conservative savers invest - and bitcoin - one of the most volatile assets and on which only the riskiest bet - reached all-time highs in price on the same day. , March 5. Gold broke records, trading at $2,140 an ounce, the highest price since $2,000 in early December last year, while bitcoin hit a high of $69,191, following its last record of $69,000 in November. 2021.The reasons that have caused this coincidence are difficult for analysts to explain: “I would not be able to say if it is a coincidence or if it is a consequence of something specific,” says Antonio Castelo, iBroker analyst. He argue