CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Mar 13, 2025

Gold Reaches Record High as Bitcoin Faces Significant Outflows

1 min

U.S. stocks are declining, with the Nasdaq down 1.7% and the S&P 500 by 1.2%. Bitcoin has retreated from nearly $85,000 to $81,000, reflecting a 1% decrease in the last 24 hours.

  • Gold is up 1.5%, nearing a record high of $3,000 per ounce.
  • The Nasdaq has fallen almost 15% since its peak three weeks ago.
  • Bitcoin is down nearly 20% during the same period.
  • Gold ETFs saw their largest inflows since early 2022, adding 3 million ounces.
  • In contrast, U.S.-listed spot bitcoin ETFs experienced $5 billion in outflows since February.

This trend resembles late summer/early fall 2024 when gold gained while crypto markets remained stagnant. Gold rose approximately 40% at that time, while bitcoin eventually surpassed $100,000.