CryptoQuant analyst has pointed out on Twitter that the Federal Reserve's recent rate cuts are causing capital to flock to traditional safe havens like gold. Drawing a comparison with 2008, when gold prices soared from $590 to a peak of $1,900 per ounce by 2011 following Fed rate cuts, a similar trend is currently observed as gold rises from $2,000 to nearly $2,700 in 2024.The post speculates if Bitcoin, often considered "digital gold," might follow a similar trajectory, suggesting that the ongoing monetary policy easing could lead to a bullish phase for Bitcoin similar to gold's historical surge. With Bitcoin often seen as a hedge against inflation and economic instability, investors may look to the leading cryptocurrency for its perceived store-of-value properties, especially as global financial uncertainty continues.