Bitcoin's shine fading against precious metals lately.
The BTC-to-silver ratio has slipped to 1,104—the lowest point since September 2023. Pretty wild when you think about it. Over the past few months, particularly since May, silver has been quietly crushing it, with the ratio tanking -67%.
Then there's gold. Bitcoin-to-gold ratio is now sitting at 19, marking another low. The story's clear: while Bitcoin has been doing its thing, traditional precious metals are having their moment right now. Whether this is a temporary blip or signals a longer-term shift in asset preferences remains to be seen.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
RiddleMaster
· 8h ago
The rebound in precious metals is quite fierce this round, and BTC has been pressed to the ground and rubbed.
View OriginalReply0
LayerZeroJunkie
· 18h ago
Silver is secretly stealing the spotlight again, a -67% drop is a bit outrageous
View OriginalReply0
LidoStakeAddict
· 18h ago
Silver is showing off again, BTC is really being suppressed... It's only been a few months.
View OriginalReply0
VitalikFanboy42
· 18h ago
Silver is really sneaking up quietly, a -67% ratio is outrageous... What's going on with Bitcoin?
Bitcoin's shine fading against precious metals lately.
The BTC-to-silver ratio has slipped to 1,104—the lowest point since September 2023. Pretty wild when you think about it. Over the past few months, particularly since May, silver has been quietly crushing it, with the ratio tanking -67%.
Then there's gold. Bitcoin-to-gold ratio is now sitting at 19, marking another low. The story's clear: while Bitcoin has been doing its thing, traditional precious metals are having their moment right now. Whether this is a temporary blip or signals a longer-term shift in asset preferences remains to be seen.