Gold-backed exchange-traded funds in China logged 14 consecutive days of inflows, a streak that’s hard to ignore. Precious metals benefiting while equities wobble at record levels isn’t a contradiction. For Bitcoin to actually strengthen from here, three things need to line up: consistent inflows into U.S. spot Bitcoin ETFs, a cooling in U.S. bond yields, and no Federal Reserve interest rate hikes. Hub: Bitcoin price, news, and analysisFrequently Asked Questions Why did gold prices rise to a six-week high? Per CryptoQuant, Bitcoin needs consistent inflows into U.S. spot Bitcoin ETFs, cooling U.S. bond yields, and no Federal Reserve rate hikes to build upward momentum from current levels.