Bitcoin-to-gold ratio hits highest level since January, one bitcoin exchanges for over 18 ounces of gold
Source：
www.coindesk.com
According to CoinDesk, TradingView data shows the Bitcoin-to-gold ratio has risen to 18.17, reaching its highest level since January and implying that one Bitcoin can now be exchanged for slightly more than 18 ounces of gold. The current Bitcoin price is approximately $81,000. The report notes that amid high debt levels in major economies like the U.S. and growing market concerns that governments may ease debt pressure through currency devaluation, both Bitcoin and gold have recently rallied, with Bitcoin outperforming gold.
