FSInsight’s Thomas Lee has reaffirmed his earlier prediction that stablecoins are now among the world’s largest buyers of gold — a trend he believes could support Bitcoin’s long-term price growth. According to Lee, recent data shows that stablecoin-backed gold purchases have been rising sharply since early 2026, giving the crypto market an additional source of demand strength.
Stablecoins Buying Gold May Strengthen Bitcoin’s Long-Term Outlook
Lee emphasized that this pattern should not be seen as a negative for Bitcoin. Instead, he argued that stablecoin demand for gold highlights a broader shift in how global investors store value. He noted that this trend could improve long-term expectations for Bitcoin as digital assets become more integrated into global finance.
The figures referenced by analyst Sam Callahan show that Tether bought 26 tonnes of gold in the last quarter, more than any central bank included in the study. Kazakhstan followed with 18 tonnes, while Brazil recorded 15 tonnes. Other buyers — including Turkey, Iraq, Guatemala, and China — acquired smaller amounts.
These numbers, sourced from the World Gold Council and Jefferies, suggest that stablecoin issuers are becoming major contributors to global gold demand. Their growing influence could affect both gold price movements and long-term Bitcoin sentiment.
Lee believes this shift signals a major change in how investors perceive long-term value storage. As the crypto ecosystem expands and matures, this trend could ultimately reinforce bullish expectations for Bitcoin.
Crypto Market Rallies as Bitcoin Holds Above $91K and Gold Hits $4,190
The broader crypto market saw a strong 24-hour surge, gaining more than 4% as major tokens recovered.
Bitcoin hovered around $91,000, rising 5% as bullish momentum strengthened.
Ethereum also climbed to $3,000 after a 4% rise, contributing to overall market optimism.
Other major assets — including XRP and Dogecoin — also posted solid gains as buying activity increased across the sector.
Meanwhile, gold surged above $4,190, reaching a new high amid expectations of upcoming interest rate cuts. Investors continue to seek safe-haven assets as global economic conditions shift.
Bitcoin Approaches $95K Resistance: Is $100K Next?
As of November 27, 2025, Bitcoin reached $91,474, showing early signs of a larger breakout. Momentum has pushed BTC upward from recent lows toward the critical $95,000 resistance zone.
Technical indicators support the bullish trend.
The MACD has flipped positive, with the histogram turning increasingly green — a standard indicator of strengthening upward momentum.
The RSI sits at 68.48, nearing overbought territory.
A clean breakout above $95,000 could trigger a rapid move toward $100,000, the next major psychological barrier.
However, failure to break above resistance may lead to a pullback toward $87,500 or even $85,000.
Overall, the rising influence of stablecoins in the gold market, combined with improving technical signals, suggests that Bitcoin remains well-positioned for a push toward new highs. With confidence returning and key resistance levels approaching, BTC could soon make a decisive move toward the $100K milestone.
