Bitcoin News Today: Citigroup Raises Gold Forecast to $3500 Amid Geopolitical Uncertainty and Weak U.S. Outlook

Citigroup on Monday raised its three-month gold price forecast to $3,500 per ounce, up from $3,300, driven by a weak U.S. economic outlook, persistent inflation, and growing geopolitical uncertainty [1]. The firm also expanded its expected trading range for gold to $3,300–$3,600, reflecting increased volatility and a stronger flight to safety in global markets [3].

At the same time, Bitcoin surged to $114,413.68, up 4.3% over the past week, with its market capitalization surpassing $2.27 trillion. The dual rise in gold and Bitcoin highlights a broad shift in investor sentiment toward assets perceived as hedges against macroeconomic risk [2].

Market participants point to weak employment data and growing tariff concerns under the Trump administration as key triggers for this trend. These factors are intensifying pressure on U.S. financial markets and accelerating capital flows into alternative stores of value such as gold and digital assets [1].

The regulatory landscape for cryptocurrency is also evolving. In early 2025, former U.S. President Donald Trump signed Executive Order 14178, marking a strategic pivot toward integrating digital assets into the national economic framework. The order designates Bitcoin, stablecoins, and on-chain finance as core pillars of U.S. financial leadership and calls for a coordinated regulatory approach involving the Treasury, SEC, CFTC, and Federal Reserve [4].

This regulatory clarity has boosted confidence in the digital asset sector and accelerated the adoption of blockchain technologies, particularly in areas like cloud mining. Platforms such as BTC MINING offer investors access to mining power through remote contracts, eliminating the need for physical hardware and technical expertise [5].

Cloud mining is gaining traction as a compliant and energy-efficient alternative for both retail and institutional investors. BTC MINING, an international multi-currency platform, supports major cryptocurrencies like BTC, ETH, XRP, and DOGE. The platform emphasizes transparency through real-time dashboards, multi-signature wallets, and energy-efficient infrastructure powered by renewable sources [6].

With Bitcoin approaching $120,000, the convergence of macroeconomic uncertainty and regulatory progress is reshaping how capital is allocated across asset classes. The rise of on-chain finance and cloud mining reflects a broader transition in global capital markets toward decentralized, institutional-grade infrastructure [8].

Sources:

[1] Gold Price Forecast Adjusted by Citigroup (https://www.digitaljournal.com/pr/news/vehement-media/gold-3-500-citigroup-predicts-1943461570.html)

[2] CoinMarketCap Community Article (https://coinmarketcap.com/community/articles/6892a824a7db9d1e2911b485/)

[3] Reuters – Gold Trading Range Expanded (https://www.reuters.com)

[4] Executive Order 14178 – U.S. National Strategy on Digital Assets (https://whitehouse.gov)