Meanwhile, gold strengthened significantly, with spot gold (XAU/USD) reaching $4,435 per ounce, its highest level since June 5. GLD received total inflows of $637 million that day, compared with combined inflows of $244.4 million into US spot Bitcoin ETFs. CryptoQuant CEO Ki Young Ju said the relationship between Bitcoin and gold has returned to levels associated with the “digital gold” era. Market analyst Michaël van de Poppe said Bitcoin remains range-bound and suggested that a move back toward $64,500 could help stabilize the market. For now, Bitcoin remains below the key $66,000 resistance zone while gold continues to attract investor demand as a safe-haven asset.