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PANews, April 18 – According to Cointelegraph, on April 17, gold prices soared to a record high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. In 2017, after gold had risen by 30% over several months, Bitcoin surged to $19,120. Similarly, during the COVID-19 pandemic in 2020, gold reached a new high of nearly $2,075, followed by Bitcoin skyrocketing to $69,000 in 2021. Historically, whenever gold rises, Bitcoin tends to break through its previous all-time high, reflecting the dynamic relationship between these two assets during economic uncertainty and when investors seek alternatives to the dollar. Further highlighting the connection between these two assets, Theya's Head of Growth, Joe Consorti, noted that Bitcoin typically follows gold's directional movement with a lag of 100 to 150 days. Consorti stated, "When the money-printing machines start, gold catches the scent first, and then Bitcoin follows with a stronger rally." Considering Consorti’s viewpoint, Bitcoin is expected to reach a new all-time high between the third and fourth quarter of 2025. Anonymous Bitcoin supporter apsk32 anticipates a similar outcome or bull market between July and November.

Jinse reports that in March 2025, the Google search interest for "Bitcoin" was 34, the highest level so far in 2025. The search interest was only 31 in January and 27 in February. This marked a monthly relative increase of 26% in "Bitcoin" search volume, also indicating a reversal in the declining trend of this indicator since November 2024. Similarly, in March, the Google search interest for "Ethereum" also reached a year-to-date high of 19. This is a slight increase from February's 16. Analysts suggest that although it is still far from previous cycle peaks, the rise in Google's search interest for Bitcoin and Ethereum in March may reflect a renewed curiosity among retail investors, at least better than the performance so far in 2025. A broader theory for the rise in Bitcoin interest in March could be the newly announced tariffs by the United States, which might have reignited the long-associated narrative of Bitcoin as "digital gold" and a "store of value," especially amid heightened geopolitical or macroeconomic tensions. This theory is supported by the BTC to SPX ratio, which has increased by over 8% since the announcement of "Liberation Day" tariffs on April 2.