Gold Rockets Toward $4,000 as Bitcoin “Crossing Into Seven Digits Is Only a Matter of Time,” Says Former PayPal President

Gold’s surge to nearly $4,000 has reignited Bitcoin optimism, with analysts predicting the cryptocurrency could soon follow and even outshine the precious metal.

Gold prices (CM:XAUUSD) are on the brink of an unprecedented milestone, with futures hitting $4,000 per ounce and spot prices touching $3,976 on Tuesday. The surge reflects a massive flight to safety as investors rush into hard assets amid global inflation, political tension, and concerns over currency debasement. Gold has soared more than 50% this year, its strongest run in decades.

“Gold is at a new record high,” said veteran gold advocate and Bitcoin critic Peter Schiff. “This is a clear warning that current Fed policy is wrong.” Schiff called on the U.S. central bank to “reverse course immediately” and raise interest rates to stabilize monetary credibility.

Bitcoin Follows the Same Path

While gold has stolen the spotlight, Bitcoin is quietly tracing its footsteps. The cryptocurrency has climbed 33.5% since January, reaching $124,000 this week. Historically, Bitcoin tends to lag gold during macroeconomic shocks, then surge as liquidity returns. Many traders believe that pattern could repeat before the end of the year.

Analysts say the correlation remains strong. Gold may be the traditional safe haven, but Bitcoin is becoming the modern one. With its limited supply and global accessibility, BTC often amplifies the same trends driving gold, only faster and with greater volatility.

Analysts See Bitcoin Outshining Gold

Henrik Andersson, Chief Investment Officer at Apollo Capital (APO), believes the next phase belongs to Bitcoin. “Gold’s all-time high shows investors’ demand for scarce assets. From here, we believe Bitcoin will be the better-performing asset of the two,” he told Cointelegraph.

Justin d’Anethan, head of partnerships at Arctic Digital, agreed that both assets are reacting to the same forces including weakening fiat credibility and rising geopolitical risk. “Gold hitting $4K is just another confirmation of the same dynamic supporting BTC,” he said. “Gold is familiar and deeply rooted in traditional finance setups. Bitcoin moves bigger because it’s available 24/7, scarcer, and admittedly more forward-looking.”

Bitcoin’s Turn May Be Near

Several analysts are tracking Bitcoin’s delayed reaction to gold’s surge. Quant researchers note that BTC has typically followed gold’s direction with a lag of around eight weeks, implying a potential upside burst in the final months of 2025.

“Maybe we could see another correction, but overall Q4 will be big for Bitcoin,” said analyst Ted Pillows, citing the historical pattern. Others add that Bitcoin is lagging both gold and the global money supply, suggesting it has room to adjust higher.

Seven-Digit Predictions for Bitcoin Return

Litespark co-founder and former PayPal (PYPL) president David Marcus reignited one of Bitcoin’s boldest comparisons this week. He said that if Bitcoin were valued like gold, it would trade around $1.3 million per coin. “It’s already a better store of value, and its payments utility isn’t priced in yet,” Marcus said. “Crossing into seven digits is only a matter of time.”

His comment reflects a growing belief among industry leaders that Bitcoin’s hybrid nature, part reserve asset and part settlement network, could eventually make it more valuable than gold itself.

At the time of writing, Bitcoin is trading at $124,444.59, while gold is valued at $3,958.67.