Despite gold prices experiencing a significant decline, breaking below $4,500 per ounce and falling more than $1,100 from January's peak, Bitcoin price has remained relatively stable. Samson Mow from JAN3 refers to Bitcoin as the "new gold," and Fidelity's Jurrien Timmer has expressed similar views, praising Bitcoin's resilience. While some attribute the gold price decline to anticipated rate hikes, critic Peter Schiff argues that delayed rate cuts are not favorable for the market. Bitcoin is attempting to return to the $70,000 level, but currently remains 63% below its peak reached at the end of 2024, which was equivalent to 41 ounces of gold.