Bloomberg's commodity analyst, Mike McGlone, has recently raised concerns over Bitcoin's performance in comparison to gold, particularly highlighting the significant drop in the crypto-to-metal ratio post-2021.

According to McGlone, since reaching its peak in 2021, the bitcoin-to-gold ratio has seen a sharp decline of around 40%, moving from 37 times to much lower levels.

This stark contrast underscores gold's resilient appeal and durability as an investment asset, compared to the volatile and unpredictable nature of cryptocurrencies like Bitcoin.

McGlone's observations serve as a cautionary note to investors, suggesting that gold currently outshines Bitcoin in terms of both stability and value retention.