Bitcoin rally
Bitcoin is trading above $73,000.
  • Bitcoin and gold have both been hitting new record highs.
  • The cryptocurrency is surging following SEC approval of spot ETFs and a looming "halving" event.
  • Central bank buying sprees seem to have powered the price of gold to surprising levels this year.

Bitcoin and gold are moving in tandem right now, and both the digital currency and the precious metal hit new record highs last week.