Dollar Retreats, Bitcoin Moves Confidently Toward Sound Money Peaks

Bitcoin’s 50% Surge Since April Highlights Next Challenge: Outpacing Gold and Silver

Bitcoin (BTC) climbed above $111,800 on Thursday, posting an impressive 50% rally from its April lows near $75,000 and outperforming major technology stocks and bond yields. Despite these strong gains, BTC has yet to reclaim record highs relative to traditional precious metals like gold and silver.

The current bitcoin-to-gold ratio stands at 33.27 ounces, below its peak of over 40 ounces recorded earlier this year. Meanwhile, the BTC-to-silver ratio recently surpassed 3,300 ounces but still falls short of its all-time high near 3,530 ounces.

Known as “digital gold” for its fixed supply and decentralized framework, Bitcoin continues to solidify its reputation as a store of value. It has notably outperformed U.S. equities, which remain sluggish after April’s market turbulence.

In other currencies, BTC is nearing psychological milestones, trading just below record levels of 88,300 British pounds and 100,000 Swiss francs, suggesting further upside potential.

Bitcoin has already achieved all-time highs relative to key financial benchmarks such as the Nasdaq 100 and the iShares 20+ Year Treasury Bond ETF (TLT). The next frontier for BTC is to surpass gold and silver, completing its transition as the dominant safe-haven asset.