Bitcoin vs. Gold Market Cap Race (2019–2025)
KATUSA RESEARCH
Digital Gold vs. Physical Gold: Complementary Assets in Currency Debasement
Gold Market Cap
Bitcoin Market Cap
BTC/Gold Ratio
Gold Market Cap (Q2 2025)
$24.0T
+192% since 2019
Bitcoin Market Cap (Q2 2025)
$2.20T
+1,592% since 2019
Current BTC/Gold Ratio
9.17%
Stabilized 9–12% range