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Bitcoin's three-month uptrend vs gold breaks as investors shift to gold ETFs.

Market News
27 May 2026
Coindesk
View Source
Bearish
pluang ai news

Bitcoin's three-month uptrend against gold has ended as investors move funds from Bitcoin ETFs to gold and precious metals ETFs, signaling a shift in preference towards hard assets. The bitcoin-to-gold ratio, which had risen since March, recently broke its bullish trendline, indicating weakening momentum for Bitcoin as a store of value. This shift is supported by over $2 billion exiting Bitcoin funds while gold ETFs attracted $2.34 billion in inflows in the week ending May 20. The change suggests gold may outperform Bitcoin in the near term amid concerns over rising U.S. Treasury yields and interest rates.

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