Crypto

Gold, Silver Hit New All-Time Highs as Bitcoin Faces $56K Risk

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The post Gold, Silver Hit New All-Time Highs as Bitcoin Faces $56K Risk appeared first on Coinpedia Fintech News

Another day, another all-time high for gold and silver. Gold surged to a fresh record near $4,421 per ounce, while silver continues to trade close to its historic peak around $69. Meanwhile, Bitcoin, often seen as digital gold, is struggling to reclaim $90,000, with CryptoQuant warning the market may be entering a bear phase and flagging $56,000 as a possible downside floor.

Gold Hits New ATH $4,415

Gold prices have just hit a new record high, trading above $4,400, driven by strong demand and growing economic uncertainty. Conflicts involving Russia, Ukraine, and Venezuela have pushed investors toward assets viewed as reliable during uncertain times.

At the same time, cooling inflation in the United States has strengthened expectations that the Federal Reserve could begin cutting interest rates in 2026.

Central banks have also continued adding gold to their reserves, helping prices rise nearly 65% so far in 2025. Well-known gold advocates, including Peter Schiff, believe gold could still move toward the $5,000 level if current conditions continue.

Silver Outperforms as Demand Explodes

Silver has delivered an even stronger move. Prices surged to nearly $69 per ounce, marking a historic high. The metal is now up more than 130% in 2025.

Unlike gold, silver benefits from both investment demand and industrial use. Strong demand from clean energy, electric vehicles, and technology sectors has added extra support. Analysts say silver’s dual role as a haven and industrial metal is driving its powerful rally.

Bitcoin Eyes $56K as ETF Outflows Continue

While gold and silver shine, Bitcoin continues to face pressure. Despite its reputation as “digital gold,” BTC is down around 5% in 2025 and remains stuck below the $90,000 level. Meanwhile, altcoins are facing even sharper losses, with many down more than 40% this year.

According to CryptoQuant, Bitcoin has entered a bear phase as key demand drivers weaken. CryptoQuant analysts warn that Bitcoin could see a 55% drawdown, with a possible bottom near $56,000, based on long-term realized price levels. 

On top of it, Spot Bitcoin ETFs recorded nearly $500 million in net outflows last week, adding to selling pressure. Futures market activity also remains soft, signaling lower risk appetite.

Despite this, some traders believe Bitcoin could benefit later if investors rotate profits from gold and silver back into crypto.