The BTC-to-gold ratio has reached its lowest level since November 2023, still below the trough of the previous bear market.

The BTC-to-gold ratio has reached its lowest level since November 2023, still below the trough of the previous bear market.

2025-12-29 15:13View Original

ChainThink report, December 29: The Kobeissi Letter indicates that, alongside the recent surge in precious metals such as gold and silver, Bitcoin has remained range-bound. As of this weekend, the Bitcoin-to-silver ratio has dropped to 1104—the lowest level since September 2023. Since May, this ratio has declined by 67%, driven by silver outperforming Bitcoin.


Meanwhile, the Bitcoin-to-gold ratio has fallen to 19—the lowest since November 2023—representing a 50% drop from January.


In contrast, during the 2022 bear market trough, these ratios stood at 680 and 9, respectively.

The BTC-to-gold ratio has reached its lowest level since November 2023, still below the trough of the previous bear market.
#Bitcoin

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

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