
Bitcoin experienced a significant price drop, while the gold-to-BTC ratio indicates potential for Bitcoin to outperform gold.
Fluctuations in the gold-to-BTC ratio, influenced by factors like US political shifts and stock market performance suggests BTC could gain value.
Bloomberg analysis and expert opinions predict Bitcoin's potential to become more valuable than gold, especially if the US stock market continues falling.
Bitcoin, often called “digital gold,” just took a hit. Yesterday, its price dropped by 6.37%โthe steepest fall since March 3, when it plunged by 8.53%. Now trading at $82,362.27, Bitcoin is struggling to recover from the sudden dip. But hereโs where it gets interesting – Bloomberg Economicsโ latest analysis of the gold-to-Bitcoin (BTC) ratio suggests a major shift could be on the horizon. Could Bitcoin be gearing up for a comeback?
Gold-to-Bitcoin Ratio: A Key Market Indicator
The gold-to-BTC ratio, which compares goldโs price to Bitcoin, now stands at 0.034, with gold priced at $2,909.42. This ratio has been fluctuating throughout the year, offering insights into market trends. Bloombergโs analysis indicates that a major shift in this ratio could be coming.
In early March 2024, the ratio was close to its current level. By September 2024, it peaked at 0.047 before falling to 0.029 in late November, coinciding with U.S. political changes favoring crypto. At the start of 2025, the ratio was 0.028 and dipped further to 0.026 in late January.
However, February saw steady growth, reaching 0.035 by the end of the month. Now, it stands at 0.034.
Could Bitcoin Outperform Gold?
Interestingly, when the gold-to-BTC ratio spiked in February, Bitcoin saw a sharp 17.5% decline. According to Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, Bitcoin could soon gain more value compared to gold.
In a recent post on X, McGlone pointed out that if the U.S. stock market continues to decline, it could impact both Bitcoin and gold.
Over the past month, the S&P 500 has dropped 4.87%, with a 3.50% decline in just the last week. Despite this, the S&P 500โs year-to-date (YTD) performance remains slightly positive at 1.68%.
Whatโs Next for Bitcoin?
Bloombergโs analysis suggests that if the stock market continues to struggle, Bitcoin may gain more value relative to gold. The recent shifts in the gold-to-BTC ratio highlight Bitcoinโs growing strength. If this trend follows past patterns, Bitcoinโs price could rise while goldโs relative value declines.
For investors, the gold-to-BTC ratio remains an important signal. If the market behaves as expected, Bitcoin could soon solidify its position as a stronger store of value than gold.
Keep an eye on this ratio – it could hint at Bitcoinโs next big move!
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Bitcoin may outperform gold if the US stock market declines, as suggested by Bloombergโs analysis of the gold-to-BTC ratio.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worthย 1 million dollars.