Gold Surges 10% to $3,300, Bitcoin Lags Despite Dollar Weakness

Gold has recently surpassed the $3,300 mark per ounce for the first time in history, pushing its market capitalization above $1.80 trillion. This surge is attributed to concerns over the independence of the US Federal Reserve and the weakening of the US Dollar. Analysts predict that gold could reach as high as $4,000 an ounce by mid-2026, driven by ongoing economic uncertainties and geopolitical tensions.

In contrast, Bitcoin has shown signs of weakness in 2025, despite the US Dollar sustaining a year-to-date loss of 9%. Historically, Bitcoin has rallied during periods of Dollar weakness, but it has struggled to maintain its momentum this year. However, Bitcoin's recent surge above $90,000 for the first time since early March suggests that it may still have room to catch up to gold's trillion-dollar climb. The digital token has rallied partly because it is priced against the dollar, and its market capitalization has returned to levels above $1.80 trillion.

The decoupling of Bitcoin from other US assets has been a notable trend in recent months. As gold continues to break records, Bitcoin's performance has been more volatile, with some analysts predicting that it could surge to new all-time highs in the coming months. The recent surge in Bitcoin's price, which has climbed over 3% to $90,282, comes as investors seek alternative assets to hedge against economic uncertainties.

The rise in gold's value has also had a positive impact on gold mining stocks, indicating that investors are increasingly turning to gold as a safe-haven asset. The recent surge in gold's value has been driven by tariff jitters and geopolitical tensions, which have added to its luster as a safe-haven asset.

In conclusion, the recent surge in gold's value has shown that Bitcoin still has room to catch up, despite its recent weakness. As economic uncertainties and geopolitical tensions continue to drive demand for safe-haven assets, both gold and Bitcoin are likely to remain in the spotlight in the coming months. Investors will be watching closely to see if Bitcoin can maintain its momentum and surpass its previous all-time highs, or if it will continue to struggle in the face of gold's trillion-dollar climb.