Bitcoin today: BTC flirts with $90,000 as gold hits record high

Source: PortaldoBitcoin Original Title: Bitcoin today: BTC flirts with $90,000 as gold hits record high Original Link: With the arrival of Christmas week, Bitcoin has been trading without sharp price fluctuations in recent days and is gradually approaching the $90,000 range.

On the morning of this Monday (22), the main cryptocurrency in the market is trading at $89,606, with a 0.9% increase on the day. In reais, BTC is close to breaking the barrier of R$500,000, quoted at R$497,312.

The more stable behavior of the cryptocurrency this year-end results in accumulated gains of 6.8% in the last 30 days, reducing Bitcoin's losses for the year to just 4%.

As Bitcoin stabilizes, gold soars. The precious metal hit a new all-time high of $4,383.73 per ounce this Monday, driven by expectations of new interest rate cuts by the Fed, the central bank of the US, in 2026.

The year of gold

Gold is on track to end 2025 with accumulated gains of 67%, in a year marked by strong gains. As a traditional safe-haven asset, gold has been boosted by geopolitical and trade tensions, strong purchases by central banks, and expectations of lower interest rates in the U.S. next year. Additionally, a weaker dollar index has also contributed to making gold cheaper for foreign buyers.

If this optimistic scenario is confirmed for the next year, Bitcoin is also likely to react positively, as a lower interest rate environment reduces the attractiveness of conservative investments, such as government bonds, leading investors to seek alternatives with greater appreciation potential, such as stocks and cryptocurrencies.

“Bitcoin has a neutral to moderately positive short-term outlook,” assesses André Franco, analyst at Boost Research. “The continuation of flows into risk assets, optimistic sentiment in technology, and global liquidity, even in a low-volume holiday environment, tend to support Bitcoin technically.”

According to the analyst, the weakness of the yen is driving stock markets and reducing risk aversion, which also favors Bitcoin.

“However, the lack of additional clear macro catalysts (such as confirmations of concrete interest rate cuts or macroeconomically dovish data )suggests that the rise may be technical and gradual, with BTC likely oscillating between $87,000 and $90,000 before establishing a clearer new trend,” he concludes.