Citing TheMarketPeriodical, gold has outperformed major risk assets over the last three months, rising 21% since August 11, while Bitcoin has dropped 15% during the same period. The S&P 500 has gained 7% since August. The gold-to-bitcoin ratio is nearing a multi-year resistance level, signaling relative strength in gold. Comparative charts show a divergence in performance, with gold and the S&P 500 above their August levels and Bitcoin below. The S&P 500 has formed a broadening pattern, indicating potential rising volatility, while Bitcoin's megaphone pattern reflects emotional, headline-driven market behavior.
Gold Rises 21% Since August as Bitcoin Falls 15%
TheMarketPeriodicalShare
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