Gold prices surged past $4,888, nearing $5,000, with Goldman Sachs raising its target to $5,400. Gold has devoured the "safe haven" narrative, effectively locking cryptocurrencies into compliant channels. While money market funds have seen massive inflows into risk assets, investor sentiment is conservative, and the hype surrounding cryptocurrencies has subsided. The turning point lies in the BTC rally following the decline in safe-haven demand; the game has changed hands.
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