Bitcoin Sinks Against Gold as Precious Metal Taps $5,000 Again

Bitcoin Sinks Against Gold as Precious Metal Taps $5,000 Again

Source: UToday

Published:16:12 UTC

BTC Price:$67229

#Bitcoin #Gold #Crypto

Analysis

Price Impact

Med

Bitcoin is weakening against gold as the precious metal reclaims $5,000 per ounce. the btc/xau ratio is declining, indicating that bitcoin's purchasing power relative to gold is contracting, suggesting investors are favoring traditional hedges.

Trustworthiness

Med

The analysis is based on observable technicals (btc/xau ratio) and market movements of gold, provided by a known crypto news outlet. however, it's a relative comparison, not a direct usd price prediction.

Price Direction

Bearish

The strengthening of gold and the falling btc/xau ratio suggest a bearish outlook for bitcoin's relative performance, even if its usd price holds steady. investors are 'voting' for traditional hedges.

Time Effect

Short

The article explicitly states 'in the short term, a continuation in gold toward fresh highs would likely push the ratio...' focusing on immediate market reactions.

Original Article:

Article Content:

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Gold has reclaimed the $5,000 per ounce threshold on the TVC chart by TradingView , and this time, the move is not just symbolic. As bullion pushes back into five-handle territory, Bitcoin is slipping in relative terms, with the BTC/XAU ratio drifting lower across intraday and higher time frames. Advertisement Advertisement On Feb. 18, spot gold traded around $5,005, extending a decisive advance that accelerated in the U.S. session. The five-minute chart shows a sequence of higher highs and firm closes above short-term moving averages, while momentum readings remain elevated without clear exhaustion. The technical posture supports continuation, at least while the price holds above the $4,980-$4,990 area. Bitcoin-to-gold ratio hits weekly lows The Bitcoin-to-gold ratio fell toward 13.46, down from levels above 13.9 earlier in the week. That means one Bitcoin now buys fewer ounces of gold than it did just days ago. HOT Stories Morning Crypto Report: XRP Defends 200-Week Support, Altcoin Sell-Off Hits Five-Year Highs, Arthur Hayes Shares Two Scenarios for Bitcoin Amid 'AI Financial Crisis' Saylor: 'We Are in Crypto Winter' On the daily chart of gold priced in Bitcoin , the structure favors bullion. The price remains above medium- and long-term moving averages, and pullbacks have been contained. Even if Bitcoin holds steady in dollar terms, its purchasing power relative to gold is contracting. Advertisement BTC/XAU by TradingView This divergence carries narrative weight. Bitcoin has long been framed as a digital alternative to gold, particularly during inflation concerns or geopolitical strain. When bullion strengthens while the BTC/XAU ratio weakens, investors are effectively voting for the traditional hedge. In the short term, a continuation in gold toward fresh highs would likely push the ratio into the 13.3-13.4 region unless Bitcoin accelerates sharply. A reversal would require either renewed crypto inflows or a cooling in gold’s bid. #Bitcoin #Gold