Bitcoin & Gold: Reconnecting at Record Highs

Bitcoin and gold are demonstrating a strong correlation as both assets hit record highs. Gold has experienced robust growth, soaring over 50% this year, outpacing Bitcoin’s gains of approximately 33.5%. Analysts predict that although Bitcoin’s growth has lagged behind gold, it could surge significantly by the end of the year if it maintains its upward trajectory. However, a price correction is also possible. Overall, Q4 is anticipated to be critical for Bitcoin’s performance.