Bitcoin has been quiet so far, but this could be the start of a big change.
While gold has been getting all the attention, Bitcoin's price has been acting in a very different way. Bitcoin's price has stayed pretty steady over the past few months, even though there is a lot of political unpredictability in the world. This has made some people question its value as a safe-haven asset. As of April 23, 2025, Bitcoin was worth about $93,659, which is a big jump of over 6% in just 24 hours. The gold price on the other hand has been moving downward as shown in the chart below
Gold price chart by XTB
Investors are interested in this recent growth, especially since Bitcoin did not react to the trade tax issues as one might expect from an asset that people use as a safe haven.
Bitcoin has always been unpredictable, often reacting to big changes in the economy as a whole. But when there was recent political unrest, it didn't rise, which made many investors wonder about its future. But things have changed in a clear way over the last few days. The sudden increase in speed could mean that Bitcoin's time to shine has finally come. Institutional investors, such as ARK Invest and BlackRock, are still pouring a lot of money into Bitcoin. These firms are hoping that the cryptocurrency will grow over the long run. These purchases by institutions are a clear sign that Bitcoin is becoming more and more solid as a real financial asset.
Not only is Bitcoin getting support from institutions, but people are also becoming more optimistic about it because the Federal Reserve might lower interest rates. President Trump has made it clear that he wants the Federal Reserve to lower interest rates. This is putting more and more pressure on the central bank to agree with him. This has brought back dreams that the U.S. will have a time when monetary policy is less strict. This would probably make Bitcoin an even better way to keep value, especially when standard assets like bonds have smaller returns.
The chance that interest rates will go down is big for Bitcoin. If the Fed does something, it could make Bitcoin even more appealing as a way to protect against inflation, like gold. A rate cut would probably make the U.S. dollar weaker, and Bitcoin's set supply makes it a good option for people who want to protect their wealth from a possible drop in the value of the dollar.
Also, the way Bitcoin's price has changed over the last few days, along with the good mood caused by institutional buying and the possibility of Fed rate cuts, points to a possible new phase for the cryptocurrency market. People who were hesitant to invest may now see this as a chance to buy, especially since Bitcoin's price didn't go up during earlier international strife. There is now hope that Bitcoin could finally stop going in circles and start going up in a bigger way, especially if the economy as a whole continues to favour risky investments.
How Gold and Bitcoin Are Coming Together
Now the question is whether Bitcoin can easily take gold's place as the most valuable safe asset. While gold has a long history of being a good way to protect yourself from risk, Bitcoin has all of its own unique qualities. Bitcoin is a great option for modern investors because it is decentralised, has a set quantity, and is becoming more and more popular among institutions. But because it is more volatile than gold, it is still a more risky product.
As the chance of interest rate cuts and continued institutional buying boost Bitcoin's value, it becomes clearer that it could be used as a safe haven during difficult times. Gold, on the other hand, is still the more traditional and safe choice for people who want to protect themselves from unstable economies.
It's clear that Bitcoin's reaction to recent changes in the economy, like the possibility of a Fed rate cut and the fact that more and more institutions are starting to use it, suggests that it may be entering a new age. If the trend keeps going, Bitcoin could find a place in the market alongside gold. Depending on the investor's risk tolerance and time frame, each commodity could offer different benefits.
In conclusion
As the fight between gold and Bitcoin heats up, both have their good points. Gold is still a tried-and-true safe place that can help you stay calm when things are going badly. But Bitcoin is making a comeback thanks to backing from institutions and the possibility of rate cuts. This makes the cryptocurrency a more serious rival in the safe-haven race. In the future, both assets may be present in investment accounts, with each playing a unique role based on market conditions. The most important question for 2025 and beyond is whether Bitcoin can keep going up and solidify its place as a chosen source of value in today's financial system, along with gold.