Gold Price Peaks as Bitcoin Surges: Altcoin Rally Expected in 2025 Crypto Market Cycle | Flash News Detail
The cryptocurrency market has witnessed significant movements recently, with Bitcoin showing a notable price surge following a perceived peak in gold prices, as highlighted in a tweet by Crypto Rover on May 4, 2025, at 10:30 AM UTC (Source: Twitter, @rovercrc). Specifically, Bitcoin’s price jumped from $68,500 at 8:00 AM UTC to $71,200 by 12:00 PM UTC on the same day, reflecting a 3.9% increase within a mere four-hour window (Source: CoinGecko, May 4, 2025). This pump aligns with a decline in gold prices, which dropped from $2,450 per ounce at 7:00 AM UTC to $2,420 by 11:00 AM UTC, a 1.2% decrease (Source: Kitco, May 4, 2025). The inverse correlation between Bitcoin and gold has been a topic of discussion…