Gold Price Nears $4,000 — What Could This Mean for Bitcoin’s Next Move?

Updated

October 7, 2025

Gambar Gold Price Nears $4,000 — What Could This Mean for Bitcoin’s Next Move?

Jakarta, Pintu News – As reported by Cointelegraph, the price of gold is now close to breaking the all-time record high of $4,000 per ounce, as investors flock to safe haven assets – a trend that also appears favorable for Bitcoin .

Gold Price Nearing a Record

Gold futures briefly touched $4,000 an ounce for the first time on Tuesday morning (Oct 7), while spot prices reached $3,976, a new record high according to TradingView data.

“Gold has set a new record,” Peter Schiff, a gold supporter and Bitcoin critic, said on Tuesday.

Gold is at a new record high, trading above $3,975. That’s less than $25 away from $4,000. This is a clear warning that current Fed policy is wrong. The Fed needs to reverse course immediately, raise interest rates between meetings, and signal that more rate hikes are coming.
— Peter Schiff (@PeterSchiff) October 7, 2025

He sees this as a “clear warning that the Fed’s current policy is misguided,” while calling for the US central bank to change course and raise interest rates.

So far this year, gold’s performance has been remarkable. Its price has surged more than 50% since January 1, driven by rising geopolitical tensions, trade tariff concerns, global inflation, and weakening fiat currency values.

Over the same period, gold outperformed Bitcoin, which only gained around 33.5%. However, Bitcoin’s price movements often follow gold’s trend – albeit with a slight lag – which could be a positive signal for a potential big rally later in the year.

Bitcoin will outperform gold, analysts say

“Gold’s record highs indicate growing investor interest in rare assets. But from this point on, we believe Bitcoin will be a better performing asset than gold,” Henrik Andersson of Apollo Capital told Cointelegraph on Tuesday.

Meanwhile, Justin d’Anethan, Head of Partnerships at crypto private markets firm Arctic Digital, added that “gold hitting $4,000 is just another confirmation of the dynamics that also favor BTC.”

According to him, the rising prices of both assets are a form of “mutual confirmation”, where both are reacting to the same factors – the runaway US deficit, declining confidence in the US dollar, as well as the growing need for hedging due to geopolitical tensions.

He adds, “Gold is familiar and deeply rooted in the traditional financial system, whereas Bitcoin reacts more quickly and sharply because it is traded 24 hours, is rarer, and represents a more futuristic view.”

Bitcoin Correlation with Gold

Bitcoin is lagging Gold and M2.

Should adjust. pic.twitter.com/N9888Txxtz
— James Bull (@MariusCrypt0) October 6, 2025

Analyst James Bull mentioned on platform X that Bitcoin currently lags behind gold and the global money supply (M2), and therefore “should adjust soon.”

Last week, analyst and trader Ted Pillows also highlighted that Bitcoin has a high correlation with gold with a lag of about eight weeks.

He added, “With gold setting new records, Bitcoin will likely follow suit. There may be a slight correction, but overall the fourth quarter will be a big period for Bitcoin.”

$BTC has been highly correlated to Gold with an 8-week lag.

Right now, Gold is hitting new highs, which means Bitcoin will do this next.

Maybe we could see another correction, but overall Q4 will be big for Bitcoin. pic.twitter.com/RkOTTgsfG3
— Ted (@TedPillows) September 30, 2025

According to a report by Cointelegraph last week, the correlation between Bitcoin and gold has strengthened again, as both approach or even reach all-time record highs. Bitcoin itself set a new record above $126,000 on Monday night trading.

Litespark founder and CEO, and former PayPal chief executive, David Marcus, also compared the two assets. He said on Monday that if Bitcoin was valued at the equivalent of gold, it would be worth about $1.3 million.

“Bitcoin is already a superiorstore of value,” he said, “and the value of its payment utility hasn’t even been fully accounted for yet. Reaching a seven-figure valuation is only a matter of time.”

Reminder: if Bitcoin were valued like gold, 1 BTC = $1.3M. It’s already a better store of value, and its payments utility isn’t priced in yet. Crossing into 7 digits is only a matter of time.
— David Marcus (@davidmarcus) October 6, 2025

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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