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3 Crypto to Buy as Gold Hits $3,000 For the First Time in History – Crypto News
The crypto market could be poised for a spike in volatility after the price of gold surged to an all-time high past $3,000. This rise coincides with economic uncertainties and a notable decline in the value of the US dollar. These factors could bode well for digital assets as investors seek an alternative store of value. This article explores the top 3 crypto to buy today after gold’s massive price rally.
Crypto to Buy as Gold Hits $3,000 ATH
On March 13, 2025, the price of gold soared past $3,000 for the first time in history. The commodity has outperformed risk assets such as stock and crypto, as investors de-risk and buy assets considered to be a better store of value.
The rising price comes amid President Trump’s aggressive tariff plans. These tariffs have led to a crash across the US stock market and the cryptocurrencies market. The trade war between the US, China and Canada has stirred speculation about the US economy falling into a recession.
With investors not knowing what to expect during next week’s FOMC meeting due to these uncertainties, risk-off assets such as gold have seen high demand.
A surge in gold price could be good for crypto. If the price of the asset keeps rising, institutions could turn towards digital assets as an alternative store of value.
With gold prices rising, here are the top 3 crypto to buy to enjoy massive returns.
Bitcoin (BTC)
Bitcoin is the best crypto to buy as gold prices rise, considering that it is often referred to as “digital gold.” BTC is seen as one of the assets to hold during periods of economic uncertainties, and with investors shying away from the US dollar, it could drive BTC prices up.
Despite the brutal selloff that has affected BTC price in recent months, 95% of investors are holding BTC ETF positions amid surging outflows. This suggests that institutions have not abandoned BTC.
Popular analyst Michael Van de Poppe has noted that Bitcoin price is recovering after forming a higher low. BTC had formed a double-bottom pattern, and if it can flip crucial resistance at the $83,500 to $84,000 range, it could form an upward breakout.
A double-bottom pattern is often bullish for price, and if BTC drops to retest this level, it could spark a massive price recovery past $91,000. As investors seek alternatives to gold, BTC price could be on the verge of an all-time high.
Litecoin (LTC)
Litecoin is also the best crypto to buy now as gold prices rise. LTC is also known as “digital silver” and as commodities see rising market demand, Litecoin price could recover and trend upwards.
Besides the rising gold prices, the speculation around a spot LTC ETF approval has sparked a bullish Litecoin price prediction. At press time, LTC trades at $90. Per analyst Rain’s bullish projection, Litecoin could rally to $200 if positive momentum in the broader market returns. This could spark a rally to $500.
Ripple (XRP)
As investors look for the top crypto to buy as gold soars, they are likely to turn towards altcoins that have some possible catalysts that could spark a rally in the near term. XRP price today trades at $2.31. The altcoin has seen renewed interest due to the potential end of the SEC vs. Ripple case and the likelihood that the US government may buy XRP.
Moreover, the RSI is rising alongside the MACD line on Ripple’s 4-hour price chart. This suggests that the bullish momentum is gaining strength, which could spark a massive upswing to $3.75.
Conclusion
The recent surge in gold price to an all-time high past $3,000 has sparked market interest in cryptocurrencies. Bitcoin, Litecoin, and Ripple are poised to make massive gains as traders look for the best crypto to buy to tap for a potential rally in the crypto market as gold prices rise.
Frequently Asked Questions (FAQs)
The best crypto to buy amid rising gold prices are Bitcoin, Litecoin and XRP.
Gold prices are rising amid economic uncertainties. the declining value of the US dollar has also sparked interest in other assets.
If investors seek alternative assets to invest in to hedge against economic uncertainty, Bitcoin, also known as digital gold, could see a surge in demand, triggering a rally to record highs.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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