Gold breaks $3,000 for first time amid global uncertainty as Bitcoin trades sideways

Bitcoin struggles as gold emerges as refuge amid economic unease triggered by President Trump's policies.

Mar 14, 2025

Happy Friday!

Gold breaks the $3,000 mark for the first time as global uncertainty drives investors toward safe havens, leaving Bitcoin trading sideways. The SEC's consideration of XRP's commodity status in Ripple's settlement talks could reshape crypto regulations, while debates over banning Tether raise alarms about U.S. monetary security and dollar dominance. Meanwhile, Ethereum developers launch the Hoodi testnet to address delays in the critical Pectra upgrade. Read on for more details.

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The global crypto market cap is $2.74 trillion, with a 24-hour volume of $84.19 billion. The price of Bitcoin is $84,707.61, and BTC market dominance is 61.1%. The price of Ethereum is $1,921.46, and ETH market dominance is 8.4%. The best-performing sector is Virtuals, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (27).