After Recent Surge, How Close Is Bitcoin to Surpassing Gold? Here’s the Level BTC Needs to Reach to Surpass Gold
Following the recent strong rise, investors' eyes have once again turned to the comparison of Bitcoin and gold.
The market capitalization of Bitcoin, the largest cryptocurrency, currently stands at $2.34 trillion, compared to $23.22 trillion for gold.
According to the current chart, Bitcoin has reached approximately 10.09% of gold's market capitalization. Analysis suggests that for Bitcoin to surpass gold, its price would need to rise to $1,166,511. This represents a roughly tenfold increase compared to Bitcoin's current price.
When examining the price movements in recent years, Bitcoin has performed much stronger than gold:
- 5 years: BTC +892%, Gold +72%
- 3 years: BTC +387%, Gold +95%
- 2 years: BTC +304%, Gold +76%
- 1 year: BTC +104%, Gold +36%
Looking at the performance since the beginning of the year, Bitcoin has returned 25.9% and gold has returned 27.38%.
Bitcoin's annual supply growth (inflation) is 0.83%, while gold's is 1.72%. Bitcoin's halving, which occurs approximately every four years, means more limited supply growth in the long term. Gold's production, however, is dependent on mining capacity and recycling rates.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
KRWQ Emerges as a Pioneer in Stablecoin Innovation
In Brief IQ and Frax launched KRWQ, a stablecoin pegged to the South Korean won. The multi-blockchain KRWQ aims to fill gaps in the current stablecoin market. South Korea's regulatory stance still prevents local access to KRWQ.

Fight Fight Fight LLC in Talks to Acquire Republic’s U.S. Unit as TRUMP Token Targets Startup Funding Push

Consensys Advances IPO Plans With JPMorgan and Goldman Sachs Amid Crypto Market Shift

Hong Kong Regulators Block Multiple Listed Firms From Shifting Toward Digital Asset Treasury Business Models

