How Much Does Bitcoin Need to Go Up to Surpass Gold’s Market Value? Critical Level Updated

The fluctuations in Bitcoin (BTC) and gold prices in recent weeks have brought the market value competition between the two assets back to the agenda.

According to current data, the level BTC needs to reach to surpass gold has become clear.

According to calculations, for BTC to surpass gold’s total market capitalization, its price would need to reach $1,425,216. Currently, Bitcoin’s market capitalization is $2.06 trillion, while gold’s is $28.43 trillion. This means Bitcoin now accounts for approximately 7.26% of gold’s total market capitalization.

While Bitcoin’s market value can be verified with fully transparent on-chain data, estimates of gold’s total supply can vary. While the World Gold Council and other reports have updated gold supply figures over the years, there is a wide range in gold’s true market value because physical inventory is difficult to calculate accurately. However, current data suggests that Bitcoin’s price would only need to exceed $1.4 million to surpass gold.

Looking at price performance over the past five years, BTC is the clear leader. Over the five-year period, Bitcoin has gained 577%, while gold has gained 118%. Three-year performance is similarly favorable for BTC: Bitcoin has gained 488%, while gold has gained 138%. Over the two-year period, BTC’s return is 177%, while gold’s is 110%.

While the picture has become somewhat more balanced over the past year, gold has performed stronger, with a 52% gain, while Bitcoin has been weaker, with a 28% gain. In the short term, gold has emerged as the frontrunner; since the beginning of the year, gold has gained 55.95%, while BTC has gained only 10.65%. In the last three months, one month, and one week, BTC has shown a downward trend, while gold has shown positive returns.

On the supply side, the roles are completely reversed. Bitcoin’s annual supply growth is 0.83%, while gold’s annual supply growth is 1.72%. This suggests that BTC is becoming scarcer over time, strengthening its position as a long-term store of value.

*This is not investment advice.