7 Important Facts: Bitcoin on Hold as Gold Sets Record Above USD 5,400

Updated
January 29, 2026
Gambar 7 Important Facts: Bitcoin on Hold as Gold Sets Record Above USD 5,400

Jakarta, Pintu News – The latest market news shows that Bitcoin remains in a phase of price pressure while gold surged to a new record of over USD 5,400 per ounce following Federal Reserve Chairman, Jerome Powell’s comments on the end of January 2026. These movements confirm the directional divergence between crypto markets and traditional safe-haven assets in the face of monetary policy dynamics and global risk sentiment.

1. Gold Breaks New Price Record

Gold prices surged more than 6% in the trading session that followed Powell’s comments, reaching unprecedented highs above USD 5,400 per ounce.
This surge was fueled by investor demand for safe-haven assets when macro uncertainty remains high. Investors appear to be seeking a hedge against potential economic risks, which increases gold’s appeal amid other market volatility.

Read More: 5 Key Gold Price Predictions for 2026-2030 in the Context of Global Asset Markets

2. Bitcoin held back as other assets rise

quantum computing bitcoin
Source: Wccftech

While gold set records, Bitcoin prices were relatively flat and did not show strong momentum over the same period. BTC did not experience a similar surge after Powell’s statement, suggesting that the market’s response to monetary policy was different compared to previous periods of rallying. It should be noted that BTC movements are often influenced by a combination of technical factors, market sentiment, and capital shifts between risky and safe-haven assets.

3. Jerome Powell’s Comments and Their Impact

Federal Reserve Chairman Jerome Powell’s comments, stating that there were no new signals from macroeconomic data, triggered a shift of capital to traditional assets such as gold.
Powell’s remarks are often analyzed by market participants as an indicator of the direction of monetary policy that could impact inflation and interest rate expectations. The market response to these comments demonstrates how reactions to central bank policy are still a dominant factor in global asset price movements.

4. Bitcoin & Gold: Performance Comparison

bitcoin and gold
Source: ETF Stream

In the most recent market phase, gold rallied sharply while Bitcoin appeared to weaken relative to the metal’s movement. This phenomenon reflects a temporary shift of investors away from risky assets like BTC towards traditional hedges. However, this divergence does not necessarily reflect changes in long-term fundamentals, but can be influenced by short-term macro sentiment.

5. Global Risk Sentiment Factors

Global risk sentiment, including economic data, monetary policy and traditional financial market volatility, also influence capital allocation. When risk rises, investors tend to place capital into assets perceived as safe such as gold or bonds. This sentiment often triggers a temporary negative correlation between riskier assets such as cryptocurrencies and safe-haven assets.

6. Implications for Crypto Investors

For crypto investors, a phase where Bitcoin is on hold while gold rallies could be a moment to review exposure to risk. These movements suggest that correlations between asset classes may change as markets respond to monetary policy and macro conditions. Investors may need to pay attention to global capital flow dynamics and technical indicators to understand the broader context of BTC price movements.

7. Crypto Market Short-Term Outlook

In the short term, crypto markets may experience volatility due to capital shifting between risky and safe-haven assets. On-chain data and derivatives market activity may provide further signals about Bitcoin’s price direction. However, these changes in direction are often temporary and should be viewed in the context of market fundamentals as well as broader monetary policy.

Also Read: 5 Important Insights Predicted SHIB Will Drop First Before Reaching New ATH

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference
– Coindesk. Bitcoin Remains Subdued as Gold Races to New Record Above USD 5,400 Following Jerome Powell Remarks. Accessed January 28, 2026.

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