📈 Gold has reached a new ATH—will Bitcoin be the next to rise?
The rise in gold prices is driven by increasing global trade tensions, especially following the U.S. tariff hike on Chinese imports. Investors are turning to safe-haven assets amid geopolitical instability and expectations of Federal Reserve rate cuts.
Historically, during periods of economic uncertainty, gold often rises first, followed by Bitcoin. For instance, in 2020 after the COVID-19 crisis, gold peaked in August, and Bitcoin began a sharp rise in the fall, reaching new highs by year’s end.
If current macroeconomic trends continue, we may see a repeat of the pattern where gold’s rise precedes Bitcoin’s. However, it's important to remember that past trends do not guarantee future results.
