Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
JPMorgan’s recent analysis casts doubt on Bitcoin’s status as “digital gold.” Investors appear to be reassessing their inflation protection strategies, with funds flowing from Bitcoin ETFs to gold-backed alternatives. Gold has reached record highs above $3,100 per ounce and currently attracts over $9 trillion in total allocations, including $4 trillion held by central banks.
Bitcoin’s underperformance since early 2025 and its correlation with technology stocks have raised questions about its effectiveness as a safe haven asset. While cryptocurrency experts estimate Bitcoin’s production cost at around $62,000—potentially providing an empirical price floor—this support appears tenuous. Bitcoin ETFs have recorded significant outflows since January, and futures contracts have turned negative, indicating waning investor interest. The cryptocurrency now faces the dual challenge of rebuilding its credibility as a safe haven while differentiating itself from technology investments.
