Bloomberg analysts: The annualized volatility ratio of Bitcoin relative to gold has dropped to a historic low.

BlockBeats news, on August 4, Bloomberg’s Senior Commodity Strategist Mike McGlone posted on social media that as of August 1, the annualized volatility ratio of Bitcoin relative to gold has dropped to a historical low of 2.2 times, a trend that may be more favorable for gold’s performance. Since 2021, this highly speculated emerging Crypto Asset has achieved returns comparable to gold, but its average risk is more than three times that of traditional value-preserving assets — which may be an alarming signal for digital assets.