Highlights
Thomas Lee of FSInsight said recent data confirms his earlier claim that crypto stablecoins have become the world’s largest buyers of gold. He noted that these purchases have pushed gold prices higher since early 2026.
Lee provided that the trend was not to be considered as negative for Bitcoin. Rather, he considers that it helps to have a better long-term price perspective of the cryptocurrency.
His statements were based on studies distributed by analyst Sam Callahan. The statistics indicated that Tether purchased 26 tonnes of gold in the last quarter.
That amount surpassed all central banks mentioned in the report. Kazakhstan ranked at 2 nd with 18 tonnes and Brazil with 15 tonnes. Other purchasers were Turkey, Iraq, Guatemala, and China, which contributed lesser amounts.
The numbers were obtained through the World Gold Council and Jefferies. The report implied that the sovereign purchases are held constant.
Nevertheless, it seems that stablecoin issuers are now major and increasingly influential in the world’s gold demand. They perform their activity that can impact the future movements in the gold and crypto markets.
Lee postulated that this change is indicative of a wider transformation in the way of value storage by the investors. He explained that the trend would be able to enhance market expectations in regards to Bitcoin as digital assets continue to gain momentum in the world financial sphere.
The crypto market posted a strong 24-hour advance, rising more than 4% as major tokens gained momentum.
The price of Bitcoin hovered at $91,000, and it rose by 5% after gaining momentum among traders.
Ethereum price climbed at $3,000 after trading up 4 % which contributed to the overall market optimism.
Other significant holdings, such as XRP and Dogecoin, have also experienced a significant increase since they have seen an increase in purchasing in the industry.
In the meantime, the price of gold reached its highest point of over $4,190 because the anticipation of a decreased interest rate increased the demand of safe haven in the face of changes in the economic condition.
The BTC price surged to $91,474 as of November 27, 2025, showing early signs of bullish momentum. Bitcoin has since soared out of the recent lows and has been driven upwards by the bulls to the major resistance point of $95,000.
The MACD crossing the signal line has become green, as the bars of the histograms become more and more green. This is a typical bullish confirmation that indicates increasing upward movement.
The Relative Strength Index (RSI) stands at 68.48, which is on the verge of overbought. The Immediate Resistance level is at $95,000.
A breakout above this level could lead to a quick move toward $100,000, the next psychological level. A drop below this level could attract sellers and trigger a retest of $87,500 and possibly $85,000.
To sum up, the growing market demand support through the growing use of gold as a stablecoin gives Bitcoin momentum, a good sign of market confidence. As better indicators and main resistance points began to emerge, BTC seems to be more than ready to break even and reach a new high of up to $100,000.
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