Bitcoin-to-Gold Ratio rose to 37.3 on Monday, reaching an all-time high, meaning one BTC can now buy approximately 37 ounces of gold.

This metric is commonly used to compare the relative strength and investor preference between the two assets. Compared to 36.7 during the last peak of the cryptocurrency bull market in November 2021, the current metric is about half a percentage point higher.

Sidney Powell, CEO and co-founder of institutional capital market Maple Finance, stated: "The new high indicates the continued adoption and maturation of Bitcoin as an asset class."