TechFlow news, October 24 — According to Coindesk, gold's recent strong performance could influence Bitcoin's price trajectory. Historical data from 2020 shows that when gold's rally slowed, Bitcoin subsequently surged significantly. Recently, inflows into gold ETF products reached their highest level since October 2022, while inflows into U.S. Bitcoin ETFs hit $2 billion over the past seven trading sessions. Analysts suggest that a pause in gold's upward momentum could pave the way for BTC to reach new highs.
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