Gold hits 6-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.

Bitcoin stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs.

Key points:

Data from TradingView showed continued BTC price inertia contrasting with upside for both precious metals and US equities.

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