{"id":105779,"date":"2025-10-18T10:20:19","date_gmt":"2025-10-18T10:20:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105779"},"modified":"2025-10-18T10:20:19","modified_gmt":"2025-10-18T10:20:19","slug":"crypto-news-today-october-18-gold-dumped-as-bitcoin-price-reverses-is-wealth-rotating-to-btc-usd","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105779","title":{"rendered":"Crypto News Today, October\u202f18: Gold Dumped as Bitcoin Price Reverses | Is Wealth Rotating to BTC USD?"},"content":{"rendered":"

Although not many news outlets are reporting it today, we\u2019re seeing a curious twist as gold prices are falling, down more than 2% from roughly $4,390\/oz to as low as under $4,200. At the same time, the Bitcoin price (BTC USD) is holding steady just under $107,000, with a 1.6% daily gain.<\/span><\/p>\n

Trading volumes for BTC\u202fUSD spiked near\u202f$78\u202fbillion in the last day, a slight hint that money is rotating out of traditional assets and into crypto.<\/span><\/p>\n

The idea of a wealth rotation to BTC\u202fUSD is gaining traction. Bitcoin\u2019s market cap sits around $2.13\u202ftrillion, showing the resilience of the top coin even as gold pulls back.<\/span><\/p>\n

On\u2011chain and ecosystem data back this narrative as the stablecoin market cap is up. A monthly increase of 5.7% to $307\u202fbillion, per DefiLlama, with DeFi total value locked (TVL) stands near $149\u202fbillion, with DEX volume up 3.8% week\u2011over\u2011week.<\/span><\/p>\n\n

(source \u2013 Stablecoins MarketCap, Defillama<\/strong><\/a>) <\/span><\/p>\n

Technically, BTC\u202fUSD looks encouraging. On the daily chart, MACD has shown a bullish crossover. Circulating supply is getting tightened on every halving, which feeds the scarcity narrative, one of <\/span><\/p>\n

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\n\t\t\t\t\tBitcoin<\/span>
\n\t\t\t\t\tBTC<\/span><\/p>\n

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\n\t\t\t\t\t\t$107,037.44<\/span>
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\n\t\t\t\t\t\t1.72%<\/span>
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\n\t\t\t\t\tBitcoin<\/span>
\n\t\t\t\t\tBTC<\/span>
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\n\t\t\t\t\tPrice<\/span>
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\n\t\t\t\t\t\t$107,037.44<\/span>
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\n\t\t\t\t\t\t\t1.72% \/24h<\/span>
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\n\t\t\t\t\t$61.56B<\/span>
\n\t\t\t\t\t<!–
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\n\t\t\t\t\tPrice 7d<\/span>
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\n\t\t\t\t\t\t\tBuy with Best Wallet\t\t\t\t\t\t<\/a>
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\t pros against gold.<\/p>\n

On top of that, the correlation data between Bitcoin and gold is interesting. Short\u2011term (30\u2011day) correlation has dropped into negative territory (\u20110.54), meaning in the near term they\u2019ve moved in opposite directions. However, over longer timeframes (90\u2011 and 365\u2011day), the correlation remains moderately positive (0.39 and 0.60, respectively).<\/span><\/p>\n

In plain language, gold dumping doesn\u2019t automatically mean Bitcoin must dump. In fact, it\u2019s likely signaling the opposite. So, what\u2019s next?<\/span><\/p>\n

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