By the end of 2025, the global financial markets have staged a dramatic rollercoaster. Traditional safe-haven assets gold and silver soared to record highs, while the much-anticipated "digital gold" Bitcoin appeared somewhat out of place.
The numbers are staggering. Gold prices broke through the $4,500 mark, reaching a historic high of $4,524.30 per ounce, with an annual increase of 70%. Silver was even more dramatic, soaring to $72 per ounce, up 143% year-to-date. And Bitcoin? As of the end of December, it was reported at $87,498, down 8% for the year, and nearly 30% below its October peak of $126,000.
This contrast is most clearly reflected in a key indicator—the ratio. The Bitcoin-to-Gold ratio fell to 19, the lowest since November 2023, halving from January this year. The Bitcoin-to-Silver ratio dropped to 1104, hitting a new low since September 2023. What do these two figures reveal? The market’s preference for safe-haven assets has completely shifted.
What’s more painful is that this divergence is not a recent development. Since May, the Bitcoin-to-Silver ratio has declined by 67%. In other words, this is a long-term, systemic shift.
Why is this happening? Uncertainty in geopolitical situations, fluctuations in global central bank policies, repeated inflation expectations… These factors have led investors to flock to enduring safe-haven tools like gold and silver. Although Bitcoin has performed well in a bull market, during times of declining risk appetite, the appeal of traditional precious metals clearly surpasses it.
Participants in the cryptocurrency market need to seriously consider this issue.
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.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
LightningPacketLoss
· 9h ago
Gold and silver take off, but the crypto world is getting beaten down. This is the reality.
Wait, is this data real? Has Bitcoin really fallen to this extent?
It's the same old rhetoric: when risks decrease, switch from coins to gold; in the next bull market, it'll be the other way around.
Forget it, I'll just keep stacking. Anyway, I can't lose anymore.
This is just a cycle. Don't be scared, everyone.
When the central bank's policies loosen, gold should be on its way out.
What’s the point of comparing Bitcoin and gold? One is faith, and the other is a lump of metal.
Talking about systemic change, I think it's just market sentiment. Just get through this wave.
It's a bit scary, but is this normal? History always repeats itself.
View OriginalReply0
DevChive
· 9h ago
Gold and silver prices are soaring, while BTC is actually falling. What does this indicate... When risk arrives, everyone still chickens out
---
It's the same old story. As soon as there's a little wind, everyone runs to embrace gold. Digital assets are still too young
---
70% compared to an 8% decline—this contrast is really painful. Why am I so persistent?
---
Basically, in times of risk, no one trusts you. Gold is the real daddy
---
The most concerning thing is this kind of long-term systemic shift, which can't be explained by short-term fluctuations
---
Wait, should I buy the dip or chase after gold? I'm a bit confused
---
When the central bank moves, market style completely reverses. In crypto, we still have to endure
---
The ratio falling to a new low... feels like the market's attitude is very clear
---
It's painful. The once digital gold now has to make way for real gold
---
So, is it more wise to stockpile silver now rather than coins? This logic needs some pondering
View OriginalReply0
DataChief
· 9h ago
Gold is in vogue, but after this wave of risk aversion passes, Bitcoin should rebound, right?
---
Here we go again with the bearish tone on the crypto world, just the old tricks of traditional finance.
---
Did digital gold crash? Or is the market still not reacting?
---
Silver surged by 143%—such data... even traditional finance is going crazy.
---
As soon as geopolitical tensions arise, everyone rushes into gold—classic risk-averse period.
---
Bitcoin fell from 126k to 87k, now that's the real focus...
---
With such strong risk aversion, could there be another black swan coming?
---
In the long run, the crypto market still depends on cycles; there's no need to overreact.
---
A 70% increase in gold is impressive, but Bitcoin's volatility is even more exciting, haha.
View OriginalReply0
ForkPrince
· 9h ago
Gold has bottomed out, but what is BTC still pretending to be—digital gold?
---
Honestly, this wave of risk aversion really shows what it means to "stabilize the market."
---
Falling from 126k to 87k... the story of digital gold can't go on.
---
Bitcoin: I am also a safe-haven asset.
Gold: No, you're not.
---
When the central bank moves, everyone rushes to gold—that's true consensus.
---
Wait, the ratio has halved? Then I need to recalculate my allocation.
---
When risk comes, old-school assets still smell good—that's a lesson to remember.
---
In simple terms, it's just a bullish hype; when real trouble hits, it still depends on gold and silver.
---
Long-term systemic change... sounds scientific, but actually, it's just people's confidence fading.
View OriginalReply0
CryptoFortuneTeller
· 9h ago
Gold and silver are taking off, but BTC is slipping on the ice. The contrast is really amazing haha
Alright, I admit defeat. Traditional safe-haven assets still have some skills
A 67% decline starting from May? Then I should have liquidated my position earlier...
Digital gold? Uh... in hindsight, real gold still smells better
When risk appetite drops, everyone returns to the most primitive safe-haven tools. This logic makes sense
I just want to know if this cycle is BTC's long-term bottom
Bitcoin drops 8% annually, gold rises 70%, the gap is really incredible
But on the other hand, is a historical low also a buy signal? Or should I keep observing...
View OriginalReply0
BakedCatFanboy
· 9h ago
Gold and silver take off while Bitcoin lags behind, which is a bit embarrassing to say.
View OriginalReply0
OnchainUndercover
· 9h ago
Gold and silver are taking off, but BTC is falling—this is crazy.
The idea that traditional safe havens can always outperform digital assets seems to have been exaggerated.
Wait, should I start buying the dip now or keep looking bearish? I'm a bit confused.
Has risk appetite dropped so quickly that everyone moved from BTC to gold and silver? Has the market really changed its mind?
The systemic shift that started in May—why am I only realizing it now? I've taken a huge loss.
This is the real winter; it's not a technical issue but a confidence issue.
By the end of 2025, the global financial markets have staged a dramatic rollercoaster. Traditional safe-haven assets gold and silver soared to record highs, while the much-anticipated "digital gold" Bitcoin appeared somewhat out of place.
The numbers are staggering. Gold prices broke through the $4,500 mark, reaching a historic high of $4,524.30 per ounce, with an annual increase of 70%. Silver was even more dramatic, soaring to $72 per ounce, up 143% year-to-date. And Bitcoin? As of the end of December, it was reported at $87,498, down 8% for the year, and nearly 30% below its October peak of $126,000.
This contrast is most clearly reflected in a key indicator—the ratio. The Bitcoin-to-Gold ratio fell to 19, the lowest since November 2023, halving from January this year. The Bitcoin-to-Silver ratio dropped to 1104, hitting a new low since September 2023. What do these two figures reveal? The market’s preference for safe-haven assets has completely shifted.
What’s more painful is that this divergence is not a recent development. Since May, the Bitcoin-to-Silver ratio has declined by 67%. In other words, this is a long-term, systemic shift.
Why is this happening? Uncertainty in geopolitical situations, fluctuations in global central bank policies, repeated inflation expectations… These factors have led investors to flock to enduring safe-haven tools like gold and silver. Although Bitcoin has performed well in a bull market, during times of declining risk appetite, the appeal of traditional precious metals clearly surpasses it.
Participants in the cryptocurrency market need to seriously consider this issue.