Bitcoin fell 35% after the Fed ended QT in 2019 and began cutting rates, prompting fears that BTC may decline in the coming months.

Bitcoin ETFs gained $839 million while gold funds lost $4.10 billion, highlighting investors’ growing preference for BTC over bullion.

Bitcoin price has surged 85% since Mt. Gox began repayments, proving fears of a massive sell-off were overblown as demand easily absorbed supply.