According to The Kobeissi Letter, gold prices have surged above $3450 per ounce, now standing less than 2% away from a new all-time high and marking a year-to-date gain of nearly 30% (Source: The Kobeissi Letter, June 13, 2025). This strong rally in gold highlights increasing demand for safe-haven assets and could influence capital flows within the cryptocurrency market, as investors often compare gold (XAU) and digital assets like Bitcoin (BTC) for portfolio diversification and inflation hedging strategies.