{"id":327227,"date":"2025-10-23T19:35:14","date_gmt":"2025-10-23T19:35:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/327227\/"},"modified":"2025-10-23T19:35:14","modified_gmt":"2025-10-23T19:35:14","slug":"how-golds-surge-past-4350-forecasts-bitcoin-price-dl-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/327227\/","title":{"rendered":"How gold\u2019s surge past $4,350 forecasts Bitcoin price \u2013 DL News"},"content":{"rendered":"<ul class=\"list-outside pl-8\">\n<li>Gold has toppled a new price record of $4,370.<\/li>\n<li>The precious metal has outperformed Bitcoin this year.<\/li>\n<li>Analysts say gold\u2019s price action \u201cbodes well\u201d for the top crypto.<\/li>\n<\/ul>\n<p class=\"puppeteer-article-text-type-element\">Only time stands between Bitcoin and gold\u2019s price rally. <\/p>\n<p class=\"puppeteer-article-text-type-element\">While gold has surged 60% this year to over $4,350 per ounce, Bitcoin has been stuck in neutral. The top crypto is up just 15% in 2025, and has fallen 10% in recent weeks as <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/leverage-and-china-tariffs-drive-19bn-crypto-crash\/\" rel=\"nofollow noopener\" target=\"_blank\">trade tensions flared up<\/a> between the US and China. <\/p>\n<p class=\"puppeteer-article-text-type-element\">The divergence is brutal. Gold keeps hitting fresh all-time highs while Bitcoin seemingly can\u2019t hold on to $110,000 \u2014 despite a recent record of $126,000. <\/p>\n<p class=\"puppeteer-article-text-type-element\">For investors who bought into the <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/investors-debate-if-btc-is-digital-gold\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cdigital gold\u201d narrative<\/a>, watching the precious metal lap Bitcoin has been painful.<\/p>\n<p class=\"puppeteer-article-text-type-element\">But there\u2019s a twist, say market watchers. <\/p>\n<p class=\"puppeteer-article-text-type-element\">\u201cDon\u2019t look at gold\u2019s meteoric rise with envy. Look at it with anticipation,\u201d Matt Hougan, chief investment officer at Bitwise, <a href=\"https:\/\/experts.bitwiseinvestments.com\/cio-memos\/golds-rise-bodes-well-for-bitcoin\" rel=\" nofollow noopener\" target=\"_blank\">wrote<\/a> in an October 21 note to investors. \u201cIt could end up showing us where Bitcoin is headed.\u201d<\/p>\n<p class=\"puppeteer-article-text-type-element\">The pattern matters because gold\u2019s 2025 surge didn\u2019t happen overnight. <\/p>\n<p class=\"puppeteer-article-text-type-element\">Central banks started buying aggressively in 2022, but prices crept up slowly for three years before going parabolic. Bitcoin\u2019s institutional buying spree, meanwhile, mostly kicked off in 2024. <\/p>\n<p class=\"puppeteer-article-text-type-element\">If the same delayed explosion pattern holds, Bitcoin may not be lagging behind gold for much longer. <\/p>\n<p class=\"puppeteer-article-text-type-element\">How high can Bitcoin go? Depends on who you ask. Arthur Hayes, Bernstein, and Standard Chartered have <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/strategy-will-benefit-from-trump-crypto-reserve-says-bernstein\/\" rel=\"nofollow noopener\" target=\"_blank\">all called for a $200,000<\/a> Bitcoin price tag. Others, like 10xResearch, <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/bitcoin-price-200k-will-be-extremely-difficult-analysts-say\/\" rel=\"nofollow noopener\" target=\"_blank\">aren\u2019t sold<\/a>. They said it\u2019s a coin toss that Bitcoin even tops $140,000 by the end of the year. <\/p>\n<p>Central banks<\/p>\n<p class=\"puppeteer-article-text-type-element\">The key to understanding both assets lies in who\u2019s buying them \u2014 and when.<\/p>\n<p class=\"puppeteer-article-text-type-element\">Central banks have been massive purchasers of gold since the US seized Russia\u2019s holdings of US Treasuries following its invasion of Ukraine in 2022. <\/p>\n<p class=\"puppeteer-article-text-type-element\">According to Metals Focus, central bank purchases have roughly doubled since the war began, from about 467 metric tons per year to roughly 1,000 metric tons today.<\/p>\n<p class=\"puppeteer-article-text-type-element\">\u201cThat\u2019s roughly twice the estimated buying by gold ETPs,\u201d wrote Hougan. <\/p>\n<p class=\"puppeteer-article-text-type-element\">What about Bitcoin? Well, it just doesn\u2019t have that institutional buying power yet. Sure, <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/bitcoin-etfs-inflows-reach-500-million\/\" rel=\"nofollow noopener\" target=\"_blank\">Bitcoin ETFs<\/a> have devoured more than 6% of total supply, and corporate treasuries now control more than 1 million Bitcoin, but central Banks aren\u2019t buying \u2014 at least not yet. <\/p>\n<p>Price sensitive investors<\/p>\n<p class=\"puppeteer-article-text-type-element\">Although Central Banks have been on a multi-year shopping spree, gold\u2019s price didn\u2019t immediately rocket. <\/p>\n<p class=\"puppeteer-article-text-type-element\">It went to $1,800 in 2023 from $1,800 in 2022 \u2014 an 8% gain \u2014 and $2,386 in 2024. Moreover, prices didn\u2019t really explode until this year, when they flew about 60% to nearly $4,400.<\/p>\n<p class=\"puppeteer-article-text-type-element\">Hougan\u2019s theory is that price-sensitive investors sold into rising demand as central banks pushed prices up. Eventually that pool of sellers was exhausted, and prices took off.<\/p>\n<p class=\"puppeteer-article-text-type-element\">The same pattern may be playing out in Bitcoin. Since Bitcoin ETFs launched in January 2024, ETFs and corporations have bought 1.39 million Bitcoin while the network produced less than a quarter of that. <\/p>\n<p class=\"puppeteer-article-text-type-element\">Bitcoin prices have climbed 135% since then.<\/p>\n<p class=\"puppeteer-article-text-type-element\">During that run, price-sensitive holders have taken gains. But as gold\u2019s example suggests, those sellers will eventually be exhausted.<\/p>\n<p class=\"puppeteer-article-text-type-element\">\u201cAs long as the combination of ETF and corporate purchases persists, Bitcoin will have its \u2018Gold 2025\u2019 moment,\u201d Hougan wrote.<\/p>\n<p>\u2018Just plain scary\u2019<\/p>\n<p class=\"puppeteer-article-text-type-element\">Not everyone is convinced. <\/p>\n<p class=\"puppeteer-article-text-type-element\">Mike McGlone, senior commodity strategist at Bloomberg Intelligence, sees gold\u2019s velocity as a warning sign. <\/p>\n<p class=\"puppeteer-article-text-type-element\">\u201cGold is just plain scary,\u201d he <a href=\"https:\/\/www.youtube.com\/watch?v=1aTcfVQDmNU\" rel=\" nofollow noopener\" target=\"_blank\">said on The Deep Dive<\/a> podcast on October 21. \u201cThe velocity of this rally \u2014 up 60% in the year \u2014 last matched in 1979.\u201d<\/p>\n<p class=\"puppeteer-article-text-type-element\">That 1979 rally marked the end of massive inflation before Fed Chair Paul Volcker aggressively raised rates. <\/p>\n<p class=\"puppeteer-article-text-type-element\">\u201cWhen every major risk asset underperforms the rock, the ancient store of value, it\u2019s not a good sign,\u201d McGlone said.<\/p>\n<p class=\"puppeteer-article-text-type-element\">Pedro Solimano is DL News\u2019 Buenos Aires-based markets correspondent. Got a tip? Email him at <a href=\"https:\/\/www.dlnews.com\/articles\/markets\/historic-gold-rally-will-foster-momentum-for-btc-price\/mailto:psolimano@dlnews.com\" rel=\" nofollow noopener\" target=\"_blank\">psolimano@dlnews.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Gold has toppled a new price record of $4,370. The precious metal has outperformed Bitcoin this year. Analysts&hellip;\n","protected":false},"author":3,"featured_media":327228,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,135,67,132,68],"class_list":{"0":"post-327227","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115425163818851333","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/327227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=327227"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/327227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/327228"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=327227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=327227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=327227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}