Bitcoin 'shows no signs of fatigue' as it overtakes gold in gains for 2025

Key Points

1. Bitcoin hit new all-time highs above $122,000, up 29% year-to-date, overtaking gold's 27% gains in 2025.

2. Bitcoin and gold are the top-performing major assets in 2025, with Bitcoin's price against gold reaching a 23-week high.

3. Bitcoin's price in gold rose to 36.54 ounces, up 25% since June 22, with the BTC/XAU ratio currently about 12% below its December 2025 peak.

4. Market analysts suggest Bitcoin's rally shows no signs of fatigue, with momentum accelerating and potential for further gains if it breaks above 1 kilogram of gold's price (~$108,000).

5. Bitcoin's price was trading at $121,600, up 3% over 24 hours, with liquidity clusters building just above $123,000 up to $125,000, indicating potential for further upward movement.