The current market value of gold is approximately 14.5 times that of Bitcoin, and analysts say that when the gold market cools down, capital will shift to Bitcoin

ChainCatcher news, according to Cointelegraph, as the price of gold rises to a new historical high of $4,357 per ounce, its market capitalization has reached a record $30 trillion. This means that the market value of gold is now 14.5 times that of Bitcoin's market value of approximately $2.1 trillion.

It is also 1.5 times higher than the total market capitalization of the seven global tech giants—Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla (approximately $20 trillion). Due to the depreciation of the dollar, geopolitical tensions, and trade tariff issues, investors are flocking to gold, and since January 1, the price of gold has soared by 64%. Many analysts believe that when the gold market cools down, capital will shift to Bitcoin, often referred to as digital gold.