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Gold Hits Record High as Bitcoin Rides Weakening Dollar Trend

Published on
25 Apr, 2025 | 06:57
Image: AI-generated for bitcoin24.com

As of April 22, 2025, gold has reached a new all-time high, trading above $3,500 per ounce, amid growing macroeconomic concerns and global de-dollarization efforts. Simultaneously, Bitcoin has surged past $90,000, benefiting from similar safe-haven demand as the U.S. dollar weakens.

Analysts attribute the twin rally to mounting concerns about U.S. fiscal policy, inflation, and central bank credibility. The Federal Reserve’s uncertain stance and political pressure on Fed Chair Jerome Powell have only added to market volatility.
👉 More on NY Post

Bitcoin, once seen as a high-risk asset, is increasingly being viewed as digital gold—a store of value that complements, and in some cases rivals, traditional safe-haven assets.
👉 See market reaction on Bloomberg

While institutional interest in crypto continues to grow, retail investors are also turning to decentralized assets in response to global currency instability.

As gold and Bitcoin rally in parallel, the narrative of Bitcoin as an inflation hedge continues to strengthen, especially in politically volatile climates.

Live Bitcoin price illustration with upward chart and Bitcoin logo – bitcoin24.com
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Source: CoinGecko