BlockBeats News, December 29th, The Kobeissi Letter, as precious metals like gold and silver rally in this round, Bitcoin has been consolidating. As of this weekend, the Bitcoin to Silver ratio has dropped to 1104, the lowest level since September 2023. Since May, due to silver outperforming Bitcoin significantly, the ratio has fallen by 67%. Meanwhile, the Bitcoin to Gold ratio has dropped to 19, the lowest since November 2023, down 50% from January. In comparison, during the 2022 bear market lows, these two ratios were 680 and 9 respectively.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Trader Says Bear Market Trend Rejected Bitcoin Twice, BTC Prepares for Bullish Narrative Shift
Crypto trader says bear market trend rejected Bitcoin twice.
Bear and bull analysts continue to debate the many possible outcomes.
BTC prepares for bullish narrative shift.
The price of Bitcoin BTC continues to trade above the now critical support level of $76,000, giving rise to
CryptoNewsLand48m ago
Bitcoin Liquidation Levels: $16.66B Short Squeeze at $81,478, $16.04B Long Liquidation at $73,945
Gate News message, April 24 — According to Coinglass data, if Bitcoin breaks above $81,478, the cumulative short liquidation strength across major centralized exchanges would reach $1.666 billion.
Conversely, if BTC drops below $73,945, the cumulative long liquidation strength across major CEXs wou
GateNews1h ago
Iran Collected Strait of Hormuz Toll in Foreign Currency, Not Bitcoin
Iran's central bank announced that the first transit fee collected from ships passing through the Strait of Hormuz was paid in "cash foreign currency," contradicting earlier reports that the toll would be collected in cryptocurrency. The payment was deposited directly into bank accounts in foreign c
CryptoFrontier1h ago
Balancer Hacker Converts 7,000 ETH to 204.7 BTC via THORChain Today
Gate News message, April 24 — The hacker who stole approximately $98 million in assets from Balancer in November 2025 has begun converting ETH to BTC through the cross-chain protocol THORChain. Today, the attacker exchanged 7,000 ETH for 204.7 BTC, valued at approximately $15.88 million, with
GateNews2h ago
Glassnode: Whales on Hyperliquid Maintain Long Positions, Expect Bitcoin Breakout
Gate News message, April 24 — According to Glassnode data, large traders on Hyperliquid have maintained sustained long positions in Bitcoin, anticipating a breakout from the current trading range.
Over the past two months, these whales have steadily increased their confidence and long positions, re
GateNews3h ago
