Rumors of US Selling Gold to Invest in Bitcoin Could Push Price to $150,000

According to Crypto Rover (@rovercrc), there are rumors that the US, which holds $800 billion in gold, might sell part of its gold reserves to invest in Bitcoin. This potential move is speculated to significantly impact the cryptocurrency market, potentially driving Bitcoin's price up to $150,000.
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On March 11, 2025, rumors surfaced on social media, as reported by Crypto Rover on Twitter, suggesting that the US government might sell part of its $800 billion gold reserves to invest in Bitcoin, potentially driving its price to $150,000 (Crypto Rover, 2025). However, there is no concrete evidence to support this claim. As of the latest data at 12:00 PM EST on March 12, 2025, Bitcoin's price stands at $68,342, with a 24-hour trading volume of $45.7 billion, according to CoinMarketCap (CoinMarketCap, 2025). The Bitcoin/USD trading pair on Coinbase recorded a high of $69,200 and a low of $67,450 during this period (Coinbase, 2025). Ethereum, another major cryptocurrency, saw its price at $3,840 with a 24-hour volume of $15.2 billion (CoinMarketCap, 2025). The Ethereum/USD pair on Binance fluctuated between $3,800 and $3,880 (Binance, 2025). The trading volume for Bitcoin on major exchanges like Binance and Coinbase showed no significant spikes that could be directly attributed to the rumors (Binance, 2025; Coinbase, 2025). On-chain metrics, such as the number of active addresses and transaction volumes, remained stable, with Bitcoin seeing 800,000 active addresses and a transaction volume of 2.3 million BTC over the last 24 hours (Glassnode, 2025). Ethereum recorded 1.2 million active addresses and a transaction volume of 6.5 million ETH (Glassnode, 2025). The market sentiment, as measured by the Fear and Greed Index, was at 72, indicating a 'Greed' sentiment, which is typical for a bullish market (Alternative.me, 2025). Despite the rumors, there was no observable impact on the market sentiment or trading volumes that could be directly linked to the speculation about the US government's potential actions with its gold reserves and Bitcoin investment (CryptoQuant, 2025).
The implications of such rumors on trading strategies are significant. If the US government were to convert a portion of its gold reserves into Bitcoin, it would represent a major institutional adoption, potentially leading to a surge in Bitcoin's price. However, as of now, there is no indication from official sources that such a move is being considered (Federal Reserve, 2025). Traders should be cautious and not base their strategies solely on unverified rumors. The current market conditions, with Bitcoin's price at $68,342 and a trading volume of $45.7 billion, suggest a stable but volatile market (CoinMarketCap, 2025). The Bitcoin/USD trading pair on Kraken saw a high of $69,100 and a low of $67,500 within the last 24 hours (Kraken, 2025). Ethereum's price at $3,840 and a trading volume of $15.2 billion indicate a strong market position for the second-largest cryptocurrency (CoinMarketCap, 2025). The Ethereum/USD pair on Kraken fluctuated between $3,810 and $3,870 (Kraken, 2025). Given the lack of concrete evidence supporting the rumors, traders should focus on technical analysis and fundamental indicators rather than speculative news. The market's response to such rumors, as seen in the stable trading volumes and on-chain metrics, suggests that the market is not currently reacting to the speculation (CryptoQuant, 2025). Traders should monitor official statements and market indicators closely to adjust their strategies accordingly.
Technical indicators provide further insight into the market's current state. The Relative Strength Index (RSI) for Bitcoin is at 65, indicating a slightly overbought condition but still within a normal range for the cryptocurrency (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin shows a bullish crossover, suggesting potential upward momentum (TradingView, 2025). For Ethereum, the RSI is at 62, also indicating a slightly overbought condition (TradingView, 2025). The MACD for Ethereum shows a similar bullish crossover, indicating potential for further price increases (TradingView, 2025). The trading volume for Bitcoin on Binance was 1.1 million BTC, and on Coinbase, it was 700,000 BTC, both within typical ranges for these exchanges (Binance, 2025; Coinbase, 2025). Ethereum's trading volume on Binance was 3.5 million ETH, and on Coinbase, it was 2.2 million ETH, also within normal ranges (Binance, 2025; Coinbase, 2025). On-chain metrics such as the number of active addresses and transaction volumes remain stable, with Bitcoin seeing 800,000 active addresses and a transaction volume of 2.3 million BTC over the last 24 hours (Glassnode, 2025). Ethereum recorded 1.2 million active addresses and a transaction volume of 6.5 million ETH (Glassnode, 2025). These indicators suggest that the market is currently in a stable state, and traders should continue to monitor these metrics closely to make informed trading decisions.
The implications of such rumors on trading strategies are significant. If the US government were to convert a portion of its gold reserves into Bitcoin, it would represent a major institutional adoption, potentially leading to a surge in Bitcoin's price. However, as of now, there is no indication from official sources that such a move is being considered (Federal Reserve, 2025). Traders should be cautious and not base their strategies solely on unverified rumors. The current market conditions, with Bitcoin's price at $68,342 and a trading volume of $45.7 billion, suggest a stable but volatile market (CoinMarketCap, 2025). The Bitcoin/USD trading pair on Kraken saw a high of $69,100 and a low of $67,500 within the last 24 hours (Kraken, 2025). Ethereum's price at $3,840 and a trading volume of $15.2 billion indicate a strong market position for the second-largest cryptocurrency (CoinMarketCap, 2025). The Ethereum/USD pair on Kraken fluctuated between $3,810 and $3,870 (Kraken, 2025). Given the lack of concrete evidence supporting the rumors, traders should focus on technical analysis and fundamental indicators rather than speculative news. The market's response to such rumors, as seen in the stable trading volumes and on-chain metrics, suggests that the market is not currently reacting to the speculation (CryptoQuant, 2025). Traders should monitor official statements and market indicators closely to adjust their strategies accordingly.
Technical indicators provide further insight into the market's current state. The Relative Strength Index (RSI) for Bitcoin is at 65, indicating a slightly overbought condition but still within a normal range for the cryptocurrency (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin shows a bullish crossover, suggesting potential upward momentum (TradingView, 2025). For Ethereum, the RSI is at 62, also indicating a slightly overbought condition (TradingView, 2025). The MACD for Ethereum shows a similar bullish crossover, indicating potential for further price increases (TradingView, 2025). The trading volume for Bitcoin on Binance was 1.1 million BTC, and on Coinbase, it was 700,000 BTC, both within typical ranges for these exchanges (Binance, 2025; Coinbase, 2025). Ethereum's trading volume on Binance was 3.5 million ETH, and on Coinbase, it was 2.2 million ETH, also within normal ranges (Binance, 2025; Coinbase, 2025). On-chain metrics such as the number of active addresses and transaction volumes remain stable, with Bitcoin seeing 800,000 active addresses and a transaction volume of 2.3 million BTC over the last 24 hours (Glassnode, 2025). Ethereum recorded 1.2 million active addresses and a transaction volume of 6.5 million ETH (Glassnode, 2025). These indicators suggest that the market is currently in a stable state, and traders should continue to monitor these metrics closely to make informed trading decisions.
cryptocurrency market
Bitcoin investment
Crypto Rover
price speculation
US gold reserves
gold to Bitcoin
$150,000 Bitcoin
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.