Odaily Planet Daily News 📈 The Bitcoin-Gold ratio soared to 37.3 on Monday, setting a new all-time high! This means that one BTC can now be exchanged for about 37 ounces of gold! This indicator is typically used to compare the relative strength and investor preference of two assets. Compared to the 36.7 during the peak of the cryptocurrency bull market in November 2021, the current indicator is slightly higher by half a percentage point.

Sidney Powell, CEO of Maple Finance, stated that this new high demonstrates the continued adoption and maturation of Bitcoin as an asset class. He expects this ratio to continue to grow, driven by ETF inflows, as Bitcoin gradually becomes an important part of balanced portfolios. 🚀