NewsBTC
Mar 20, 2026 upd. 10 Jun

Bitcoin Outpaces Gold For Second Week; BTC/Gold Ratio Hits 15 Ounces

2 min

Bitcoin beats gold for the second week. BTC gains over 4% vs gold this week.

Both assets still fall in dollars. Bitcoin dropped from $76,000 to below $70,000, down about 8.7%. Gold fell 8.5% to roughly $4,616 per ounce, under $5,000, logging two weekly losses and tracking for a third, the worst run since last November (goldprice.org).

The rotation debate flares again. Does gold outflow fuel Bitcoin? Analyst Benjamin Cowen says no, as he did in late January when gold hit $5,597 on Jan 29. The next day, gold fell 4% and Bitcoin matched the drop. He cites the missed “altseason” rotations as a template (Cowen on X; goldprice.org).

The BTC/gold ratio rebounds. It bottomed near 12 oz per BTC earlier this month and is back near 15. Still below the mid Bollinger Band at 18 and upper band at 26, but the direction turned up (Longtermtrends BTC vs Gold).

  • BTC vs gold this week up 4% plus (ratio chart)
  • Bitcoin week move: ~$76,000 to <$70,000, about −8.7% (BTC)
  • Gold week move: −8.5% to ~$4,616/oz; below $5,000; worst stretch since Nov (goldprice.org)
  • Ratio levels: ~12 oz low to ~15 now; mid BB 18; upper 26 (ratio chart)

BTC/Gold ratio chart