ChainThink report, December 29: Amid the recent rally in precious metals including gold and silver, Bitcoin has remained range-bound. As of this weekend, the Bitcoin-to-silver ratio has fallen to 1,104—the lowest level since September 2023. Since May, driven by silver outperforming Bitcoin, this ratio has declined by 67%.
Meanwhile, the Bitcoin-to-gold ratio has dropped to 19, marking its lowest level since November 2023 and down 50% from January levels.
In contrast, during the 2022 bear market trough, these two ratios stood at 680 and 9, respectively.

Disclaimer: Contains third-party opinions, does not constitute financial advice
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