Gold and Bitcoin Surge on Easing Geopolitical Tensions
Gold and Bitcoin are both showing signs of breakout momentum as geopolitical tensions ease.
US President Donald Trump said that a deal to reopen the Strait of Hormuz was imminent, leading to a rebound in gold prices near $4,250.
Bitcoin is also edging higher towards resistance at $65,000, mirroring the metal's near-term bullish bias.