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Gold hits century-long losing streak as Bitcoin outperforms, pushing BTC to gold ratio 30% higher since Middle East conflict.

Market News
25 Mar 2026
Coindesk
View Source
Neutral
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Gold is experiencing its longest losing streak in over 100 years, dropping as much as 27% from its January peak and down about 12% since late February amid the Middle East conflict. Meanwhile, Bitcoin remains strong above $70,000, causing the Bitcoin to gold ratio to rise roughly 30% since the conflict began, signaling Bitcoin's renewed relative strength. Analysts note that while gold is showing signs of exhaustion, Bitcoin could continue to outperform, potentially reaching new highs against gold in the coming months or years. Gold ETFs have seen significant outflows recently, whereas Bitcoin ETFs have attracted billions in inflows, highlighting shifting investor preferences.

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