GOLCOIN USD Price & Performance (GOLCUSD)

The U.S. White House announced it is considering leveraging gold reserves to purchase Bitcoin, causing a sharp rally in cryptocurrency markets. Bitcoin's price spiked from $65,000 to $68,500 within an hour, while Ethereum and XRP saw gains of 8% and 5%, respectively. Trading volumes surged across exchanges, reflecting heightened investor interest.1

Gold reached an all-time high of $3,004.58 on March 14, driven by escalating tariff tensions and economic uncertainty under President Trump. European investors have significantly increased their allocations to gold-backed assets, reversing last year’s trends. Analysts suggest continued price momentum, with potential targets above $3,000.23

Amid market sell-offs and rising recession concerns, gold prices surged past $3,000 for the first time. Analysts attribute the rally to increased demand for safe-haven assets, with inflation fears and geopolitical instability adding to the appeal. Experts highlight gold’s resilience during turbulent economic periods.45