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Analysis: Bitcoin Restores Correlation with Gold, Could See Significant Rise by the End of the Year if It Follows Trend
2025-10-07 12:24

According to Odaily Planet Daily, Bitcoin has regained its correlation with gold, with both reaching all-time highs recently. Gold prices have been strong, rising over 50% year-to-date, outperforming Bitcoin (which has risen approximately 33.5% over the same period). However, analysts believe that although Bitcoin's growth has lagged behind gold's, if it continues to follow the upward trend of gold, it may see a significant increase by the end of the year. While there is a possibility of a pullback, overall, the fourth quarter will be significant for Bitcoin. Lightspark co-founder David Marcus predicts that if Bitcoin's value is equal to gold, the price of one Bitcoin could reach $1.3 million, and breaking through the seven-digit mark is only a matter of time. (Cointelegraph)