According to The Kobeissi Letter, gold prices have reached new record highs, approaching $3,500 per ounce, marking a 47% increase over the past year. This surge is attributed to various macroeconomic factors, including inflation concerns and geopolitical tensions, which have driven investors towards gold as a safe-haven asset. Traders are advised to monitor these trends closely as they may influence future market dynamics.

According to Mihir (@RhythmicAnalyst), the 10-year U.S. bond yields have been in an uptrend for the past five years, bottoming out after COVID due to inflation concerns. This trend has significant implications for the cryptocurrency markets, as lower yields tend to influence investor behavior towards riskier assets like cryptocurrencies.