Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Bitcoin-Gold Ratio Drops to 12-Week Low

Bitcoin-Gold Ratio Drops to 12-Week Low

Bitget Academy2025/02/06 04:28
By:Bitget Academy
The Bitcoin-Gold ratio has dropped to its lowest level since November 14, 2024, reflecting gold’s strength as a safe-haven asset. Gold prices have surged nearly 10% this year, reaching a record $2,877 per ounce, driven by escalating trade tensions. This has led to a rise in physical gold deliveries, with JPMorgan set to transfer $4 billion worth of bullion to New York.
Meanwhile, Bitcoin has struggled to gain upward momentum. The BTC-Gold ratio has fallen 15.4% from its December peak of over 40, now sitting at 34. Although U.S.-listed spot Bitcoin ETFs have seen $4 billion in inflows, these investments are largely driven by arbitrage strategies rather than long-term accumulation, limiting BTC’s price impact. Traders engaging in spot or futures selling to offset ETF purchases have further dampened Bitcoin’s performance.
Overall, gold’s strong demand and geopolitical uncertainties continue to reinforce its status as a stable asset, while Bitcoin is partly influenced by speculative trading and ETF market dynamics.
 
Source: CoinDesk

Futures Market Updates

In the past 24 hours, BTC futures saw a slight decline in open interest (-0.31%), while ETH futures experienced a notable increase (+2.79%). Trading volume dropped significantly for both, with BTC down 47.54% and ETH down 41.06%. BTC liquidations were more skewed toward longs ($23.59M vs. $12.39M shorts), whereas ETH saw higher short liquidations ($22.25M vs. $17.67M longs). The long/short ratio remained nearly balanced for both, with BTC slightly favoring shorts and ETH slightly favoring longs. BTC's funding rate (0.0032%) was higher than ETH’s (0.0002%), indicating relatively stronger demand for leveraged long positions in BTC.
 

BTC Futures Updates

Total BTC Open Interest: $58.85B (-0.31%)
BTC Volume (24H): $64.35B (-47.54%)
BTC Liquidations (24H): $23.59M (Long)/$12.39M (Short)
Long/Short Ratio: 49.68%/50.32%
Funding Rate: 0.0032%
 

Ether Futures Updates

Total ETH Open Interest: $24.32B (2.79%)
ETH Volume (24H): $46.08B (-41.06%)
ETH Liquidations (24H): $17.67M (Long)/$22.25M (Short)
Long/Short Ratio: 50.16%/49.84%
Funding Rate: 0.0002%
 

Top 3 OI Surges

STPT: $9.18M (+234.75%)
QI: $852.39K (+166.68%)
OMG: $1.18M (+105.80%)
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

Dogecoin (DOGE) jumps 38%, and Cardano (ADA) launches an AI testnet, but Unstaked’s advanced AI agents go beyond marketing, offering real impact and value.Dogecoin (DOGE) Future: Aiming for $3.94 with MomentumCardano (ADA) Blockchain Tests AI ScalabilityUnstaked: AI That Goes Beyond MarketingFinal Take: Real AI Utility vs. Hype

Coinomedia2025/05/08 21:11
38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

ETH Trades at Historic Lows vs BTC Since 2019

ETH hits lowest value compared to BTC since 2019, raising questions on a potential rebound amid mixed fundamentals.ETH Undervalued Against BTC: A Historical SetupBullish History, Bearish FundamentalsPatience Required for Ethereum Bulls

Coinomedia2025/05/08 21:11
ETH Trades at Historic Lows vs BTC Since 2019

Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

BTFD Coin surges in Stage 15 with 90% APY staking and 200% bonus. Best meme coin presale to buy now before it launches on May 27!BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Dogecoin (DOGE) – The OG Meme King Facing Shaky GroundPopcat (POPCAT) – The Smart Money Magnet of the Moment

Coinomedia2025/05/08 21:11
Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy

Explore Shiba Inu (SHIBA) recovery trends, Cardano (ADA) prediction backed by developer growth, and how Web3 ai’s Portfolio Optimizer replaces guesswork with smart strategy. Learn why Web3 ai is gaining traction among the highest trending crypto tools.Web3 ai’s Portfolio Optimizer Turns Guesswork Into GainsShiba Inu (SHIBA) Recovery Sparks Renewed Interest After Key Price ReboundCardano (ADA) Prediction: Development Surge Fuels Bullish OutlookStrategy Over Speculation

Coinomedia2025/05/08 21:11
SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy