Bitcoin vs gold: BTC's three-month uptrend has snapped
CoinDesk
Bitcoin's three-month performance lead over gold has ended as investors rotate capital back into precious metal ETFs amid shifting macroeconomic conditions.Summary
The bitcoin-to-gold ratio, a key indicator of investor preference between the two assets, has broken its three-month uptrend. After Bitcoin served as a preferred haven during recent geopolitical tensions, momentum has shifted back to gold. Data shows that Bitcoin ETFs have experienced significant outflows due to rising Treasury yields and interest rate concerns, while gold-backed funds have attracted over $2 billion in recent inflows, signaling a near-term shift in market sentiment.
(Source：CoinDesk)