Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Bullish-9.42%
5 Aug, 15:02
Source: Cointelegraph

AI Summary

Gold reaches six-week highs driven by China demand while Bitcoin stagnates near $64,000 despite S&P 500 hitting fresh records.

Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.