Gold Sets Record at $4,486 on Rate-Cut Hopes; Implications for Bitcoin

Gold climbed to an all-time high at $4,486 per ounce as traders priced in further interest-rate cuts, a move analysts say reinforced demand for safe-haven assets. The surge raises questions for Bitcoin: some flows may rotate into gold short term, while similar macro forces could still underpin Bitcoin's longer-run appeal as 'digital gold'.