Gold Nears $4K and Bitcoin Awakens

Gold has approached the historic $4,000 mark per ounce as investors seek safe-haven assets amid global uncertainty, and analysts suggest Bitcoin could soon mirror its rise. Futures for gold briefly touched $4,000 per ounce, while spot prices reached $3,976 according to TradingView data.

Peter Schiff, a well-known gold supporter and Bitcoin critic, commented that gold’s new record reflects flaws in current U.S. Federal Reserve policies. He urged the Fed to adjust interest rates immediately.

Since January 1, gold has surged by more than 50%, outperforming Bitcoin’s 33.5% growth. The jump is driven by inflation fears, global trade conflicts, and weakening fiat currencies. Yet analysts expect Bitcoin to catch up and possibly surpass gold before year-end.

Henrik Andersson from Apollo Capital stated that gold’s all-time high proves investors’ appetite for scarce assets and that Bitcoin will likely perform even better. Similarly, Justin d’Anethan from Arctic Digital said gold’s rise to $4K confirms the same economic forces driving Bitcoin.

Both assets are responding to massive U.S. deficits, a weakening dollar, and global geopolitical risk. Gold remains the traditional choice, but Bitcoin moves faster, trades continuously, and is scarcer — making Bitcoin more adaptable to modern finance.

Analyst James Bull noted that Bitcoin currently lags behind gold and global money supply growth but is expected to adjust. Another analyst, Ted Pillows, mentioned that Bitcoin follows gold with an eight-week delay, suggesting Bitcoin will likely climb as gold hits record highs. He believes the fourth quarter could be very strong for Bitcoin.

Recent data from Cointelegraph shows Bitcoin has regained its correlation with gold, reaching over $126,000 earlier this week. The momentum of Bitcoin now seems to align more closely with gold’s upward trend.

David Marcus, former PayPal president and current CEO of Litespark, compared Bitcoin and gold, stating that if Bitcoin were valued like gold, it would be worth $1.3 million. He added that Bitcoin is already a superior store of value and its payment utility remains undervalued. According to Marcus, Bitcoin reaching seven figures is only a matter of time.

Bitcoin continues to capture investors’ attention as gold breaks new records, reinforcing its role as digital gold. With growing demand and diminishing supply, Bitcoin could soon set its own historic highs alongside gold’s achievement.