Analyst Michaël van de poppe warns that a recent breakout in Gold could signal a crypto pullback The move in the safe-haven asset may indicate a temporary capital rotation away from risk-on altcoins Top altcoins like ETH, XRP, and SOL have already started to retrace from their recent yearly highs. The altcoin market is pulling back from its recent highs, and a top analyst believes the reason is hiding in an unexpected place: the gold market. According to Michaël van de Poppe, a powerful breakout in the price of gold could be signaling a short-term capital rotation away from risk-on assets like crypto. We're in a bull market on $ETH and #Altcoins . However, if there's going to be a correction in the coming days/weeks, I would assume that Gold is going to make another run towards a new ATH. It broke upwards again, and that's usually not a great sign for risk-on assets. pic.twitter.com/czjDuhB5I2 — Michaël van de Poppe (@CryptoMichNL) July 22, 2025 This surge in Gold’s price coincided with a slowdown across the altcoin market, which saw most top tokens consolidate. Some altcoin prices have even declined slightly as bulls work to prevent a deeper breakdown… The post ‘Safe Haven’ Gold Is Winning the Fight Against ‘Risk-On’ Crypto appeared first on Coin Edition .
