Precious metals hit a new all-time high, while Bitcoin's lagging effect from April to July becomes a trading focus

【Crypto World】 Recently, investors have massively shifted from sovereign debt to hard asset allocations, driving gold and silver to repeatedly hit record highs. Research data shows that gold prices typically lead Bitcoin by 4 to 7 months, and this time gap has become a key market reference. Since last year, spot Bitcoin ETFs have absorbed over 100% of the new supply, indicating a continuous influx of institutional funds. From the options market perspective, traders’ strategic thinking is also quite interesting—they are preparing for a parabolic growth scenario for Bitcoin, which aligns with the gold market’s projected 65% increase in 2025. In other words, the bull market rhythm of precious metals may be warming up the next wave of crypto asset rallies.