Global risk aversion demand surges: gold and silver rise; Metaplanet increases its Holdings of $630 million in BTC, ranking fifth in the world.

As the Fed cuts interest rates and global conflicts heighten the demand for safe havens, the prices of gold and silver are rising, while the dollar index is being suppressed by key resistance levels. Against this macro backdrop, digital assets are increasingly attractive as a new means of store of value. Japanese investment firm Metaplanet announced another large-scale purchase of Bitcoin, with its open interest jumping to fifth place globally, becoming the latest example of institutional adoption in the digital asset space.

Gold and silver rise, US dollar index is limited

After the Fed lowered interest rates by 25 basis points, the price of gold (XAU) continued to rise, marking the first rate cut of 2025. Investors welcomed this move, viewing it as a response to signals of a weakening labor market. However, Fed Chairman Powell's cautious stance dampened bullish momentum. He referred to the rate cut as a "risk management" measure and emphasized a data-driven approach, which resulted in a less dovish position that slightly strengthened the dollar, thereby limiting short-term gains for gold.

On the other hand, geopolitical tensions have added another layer of support. Russia's missile strikes on Ukraine and the ongoing turmoil in the Middle East have kept market risk sentiment fragile. These developments have enhanced the appeal of gold as a safe-haven asset. If global conflicts escalate further, despite a strong dollar, gold may still break through and set new highs.

Gold Technical Analysis

· XAUUSD daily chart: Gold prices are forming a bullish consolidation in the range of 3700 to 3600 dollars, indicating a possible breakout above 4000 dollars.

· XAUUSD 4-hour chart: The price of gold is consolidating within an ascending channel pattern. A breakout above 3700 may trigger a move towards the 3800 region.

Silver Technical Analysis

· XAGUSD Daily Chart: Silver (XAG) is forming an Adam and Eve pattern, and after breaking through the $35 area, it has opened the door for a strong price surge. Silver is approaching the $44 target, and a breakout above this level could trigger a strong move towards the $50 area.

· XAGUSD 4-hour chart: Silver is forming an upward channel pattern, with the price moving towards the 44 dollar area. A breakout above 44 dollars will open the door for further price rise.

Technical Analysis of the Dollar Index

· Daily chart: The US dollar index has rebounded from the long-term support level of 96 and is moving towards the 50-day simple moving average (SMA) at 98. A breakout above 98 will open up upside potential for the index, while a drop below 96 will trigger another significant decline.

· 4-hour chart: The US Dollar Index rebounded after the Fed cut interest rates, breaking through 97.20. The strong resistance level is at 98.60, and if it fails to break through this level, the index is likely to continue to decline.

Metaplanet massively allocates Bitcoin, jumping to become the fifth largest corporate Holdings in the world.

As traditional safe-haven assets fluctuate due to geopolitical and monetary policy influences, Bitcoin's status as digital gold is becoming increasingly prominent. Japanese listed investment company Metaplanet announced on Monday that it has acquired 5,419 BTC, valued at approximately 632.53 million USD. The average purchase price for this acquisition was 116,724 USD per coin (approximately 17.28 million JPY). This brings its total open interest to 25,555 BTC, with a total value of approximately 2.91 billion USD and an average acquisition cost of 106,065 USD per coin.

This acquisition propels Metaplanet ahead of Peter Thiel-supported Bullish, ranking fifth globally in corporate Bitcoin holdings, only behind Strategy, Marathon Digital, XXI, and Bitcoin Standard Treasury Company. Metaplanet's Bitcoin strategy head Dylan LeClair stated that this acquisition is "just the first batch," and the company has achieved 85.2% of its goal of 30,000 BTC by the end of 2025, and has completed a quarter of its 100,000 BTC target for 2026.

Experts Emphasize the Importance of Bitcoin's Core Principles

As Bitcoin gains increasing recognition among institutional investors and corporate asset allocations, industry observers are calling for the importance of maintaining its core principles. Lionel Iruk, a senior advisor at Nav Markets and managing partner at Empire Legal, told Decrypt: "Any efforts to promote adoption must protect the decentralized spirit of Bitcoin." He added, "Excessive centralization or compromise of BTC's core principles will undermine the fundamental characteristics that distinguish Bitcoin from other assets and drive its global reputation and appeal."

Iruk pointed out that the value proposition of Bitcoin depends on its maintaining "independence, transparency, and censorship resistance," even if it "gains legitimacy" in traditional financial channels. Metaplanet also announced its BTC return of 95.6% for the first quarter of 2025 and 129.4% for the second quarter. Additionally, the company recently established Metaplanet Income Corp., a subsidiary based in Miami with a capital of $15 million, to manage its derivatives business separately from its asset allocation activities.

Conclusion

Under the dual influence of macroeconomic and geopolitical factors, global markets are undergoing a significant transformation. Traditional safe-haven assets like gold and silver are favored due to their historical status, while Bitcoin has quickly become a safe-haven and growth asset of the new era, thanks to its unique value proposition and the active allocation by institutional giants. The large-scale buying by Metaplanet not only reflects the growing recognition of Bitcoin by institutions but also reminds us that in the process of Bitcoin integrating into the traditional financial system, its core spirit of decentralization and transparency must be upheld to maintain its unique appeal.