Golden Finance reports that this week, as institutional investors continue to flood into Bitcoin ahead of the end of the year, the breakthrough in the price of this cryptocurrency has propelled its ratio to gold to a record level. This ratio measures how many ounces of gold one Bitcoin can purchase by dividing the price of Bitcoin by the spot price of gold, and is commonly used to compare the relative strength of the two assets as well as gauge investor preference. On Monday, this ratio reached an unprecedented 37.3, meaning one Bitcoin can now purchase approximately 37 ounces of gold, setting a new historical high. This current ratio is about half a percentage point higher compared to the peak of 36.7 during the last bull market for cryptocurrencies in November 2021. (Jinshi)