The BTC/Gold ratio's three-month rally has come to an end, with funds now flowing back into gold ETFs.

robot
Abstract generation in progress
Mars Finance News, on May 27th, the three-month upward trend of Bitcoin relative to gold has shown a clear break. The BTC/Gold ratio recently broke below a key upward trend line, indicating that capital preference is shifting back toward traditional safe-haven assets like gold. Data shows that since March, the BTC/Gold ratio has risen from about 12 to 18, reflecting that the market was once more favoring Bitcoin as "digital gold." However, with the recent reversal in trend, analysts believe that gold may outperform BTC again in the short term. Capital flows also confirm this change. Over the past two weeks, U.S. Bitcoin ETF outflows have exceeded $2 billion; at the same time, gold and precious metal ETFs attracted approximately $2.34 billion in net inflows during the week ending May 20. Analysts believe that against the backdrop of rising U.S. bond yields, strengthened expectations of "longer-lasting high interest rates," and ongoing turmoil in the Middle East, the market is reallocating to traditional hard assets, while the narrative momentum of BTC as a "store of value" has weakened.
BTC-1.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 1
  • Share
Comment
Add a comment
Add a comment
GateUser-0aa20a11
· 4h ago
In an environment where U.S. Treasury yields are above 4.5%, digital gold can't compete with real gold; the logic is sound.
View OriginalReply0
0xNap
· 5h ago
The rally from March 12 to 18 was probably the last celebration of the ETF narrative; now it’s returning to the mean.
View OriginalReply0
OrigamiMountains
· 5h ago
High-interest-rate environments are not friendly to interest-free assets; gold can rise because of central bank buying, but Bitcoin lacks this.
View OriginalReply0
NftsOutsideTheTidalLine
· 6h ago
The analyst said again that gold has surpassed BTC—I’ve heard this eight hundred times, but the ETF data really can’t be argued with.
View OriginalReply0
OrdersPlacedBeforeTheStorm
· 6h ago
After the key upward trend line breaks down, is the next support level at 15? Or does it directly fall back to 12?
View OriginalReply0
WhitepaperByTheRoadside
· 6h ago
BTC/Gold ratio peaks at 18 and then declines, a classic technical breakdown, with short-term safe-haven logic dominating the market
View OriginalReply0
NarrativeCartographer
· 6h ago
The inflow into gold ETFs this time is indeed strong, 2.3 billion compared to 200 million, showing that funds are voting with their feet.
View OriginalReply0