Gold prices hit a record high of $3,812, while BTC fell 10% below its all-time high.
- Gold prices soared to a record $3,812 amid concerns about a US economic shutdown and bets on a Fed rate cut.
- Silver and platinum rose to decade highs as dollar weakness boosted metals prices.
- Bitcoin is consolidating at $12,000, but analysts are predicting a growth trajectory similar to Nvidia.
Gold jumped to record highs in Asian trading on Monday, showing why it is called the world's top safe-haven asset as uncertainty grips US politics and monetary policy.
Spot gold prices hit an all-time high of $3,812 an ounce, while December futures hit $3,839.05 an ounce, adding to gains as investors sought refuge from the looming US government shutdown and braced for a possible Federal Reserve rate cut.
This gold run is absolutely insane:
Gold just made its 38th all time high of 2025 with gold futures now up +43% year-to-date.
This puts on gold on track for its best year since 1979 as the Fed cuts rates into 3%+ inflation.
Gold knows what's coming next. pic.twitter.com/SsMaF7GXtc
— The Kobeissi Letter (@KobeissiLetter) September 29, 2025
Silver and platinum join the rally
Silver and platinum joined the rally, reaching decade-highs amid a weakening dollar. The last time US markets faced a similar standoff was in late 2018 and early 2019, when the 35-day lockdown resulted in a roughly $11 billion loss in GDP.
Read also: Peter Schiff says Bitcoin is in a 'hidden bear market' when valued in gold
With the funding deadline set to expire at midnight on September 30, traders remain focused on bipartisan talks in Washington, where leaders will meet with President Donald Trump in a last-ditch effort to avoid disruptions.
Bitcoin consolidates, but still below all-time highs
While gold is thriving, Bitcoin is struggling to break out of consolidation around $12,000. The cryptocurrency is still about 10% below its all-time high of $124,000, but is up 2.2% on the day as trading volume has surged more than 75% in the past 24 hours.
Jordi Visser (@jvisserlabs) joins this week to discuss bitcoin outlook for the rest of the year, interest rate cuts, how to evaluate AI acceleration, Nvidia's $100 billion deal with OpenAI, and what metrics investors should keep an eye on.@JohnPompliano did a great job filling in… pic.twitter.com/ihbJV8JR8m
— Anthony Pompliano 🌪 (@APompliano) September 27, 2025
Market analyst Jordi Visser argues that Bitcoin's current price action mirrors Nvidia's growth trajectory, noting that just as Nvidia experienced several 20% corrections on its way to a 1,000% rally after ChatGPT, Bitcoin could also experience sharp pullbacks before reclaiming new highs.
Visser linked Bitcoin's long-term growth potential to the development of artificial intelligence. He predicted that as AI adoption accelerates, investors will increasingly view BTC as the primary store of value in the digital age.
Network resilience proves Bitcoin right
Analysts at XWIN Research Japan found that the MVRV ratio, which compares Bitcoin's market value to the average underlying value of holders, has fallen to around 2.0, indicating neither excessive fear nor greed.
Source: CryptoQuant
Historically, this consolidation in the mid-range has marked a reset phase before major expansions. Meanwhile, long-term holders remain resilient, and profit-taking declines sharply.
The reduction in supply pressure is similar to trends seen in 2017 and 2020, when sales declines preceded strong rallies.
Taken together, the overvaluation and strong confidence among holders suggest that Bitcoin has not completed its bullish cycle, but is rather pausing before its next surge.
On Topic : Bitcoin Price Forecast: BTC Holds at $111K, Traders Expect Liquidation at $115K
Source: cryptonews.net
