Race to $5,000: Gold Takes Massive Lead Over ETH

According to Polymarket bettors, gold currently has a 74% chance of winning the race to $5,000. Gold is currently trading at around $4,480, meaning that it is just 10% away from the target. Meanwhile, ETH is changing hands below $3,000. Gold’s incredible year Gold has had one of its best years in modern history, rising roughly 60-65% in 2025 alone. This “historic upswing” is driven by a perfect storm of four main factors. Investors are increasingly worried about rising U.S. government debt and fiscal sustainability. They are buying gold as insurance against the “debasement”. Central banks, particularly in China and…