Dec 17, 2024
📈 Bitcoin-to-Gold Price Ratio Hits Record High of 40 in December 2024
![📈 Bitcoin-to-Gold Price Ratio Hits Record High of 40 in December 2024](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2F8a5403ea-a541-4ceb-a36b-c5445309d75e.webp&w=3840&q=100)
Bitcoin's extraordinary price rally drove the Bitcoin-to-gold price ratio to a record-breaking 40 (per gold ounce) or 1,243 (per gold gram) on December 16, 2024. This milestone reflects an astounding 88-fold increase from the 2016 average, representing a compound annual growth rate (CAGR) of 28%.