Bitcoin Lags Behind Surging Gold and Silver as 2025 Rally Reshapes Key Price Ratios

Throughout 2025, gold and silver have logged record-breaking gains while Bitcoin heads toward the year's close with a slight loss. Gold climbed from about $2,610/oz to a new peak of $4,550, and silver jumped from $29 to nearly $80, whereas BTC fell back below $90,000 after hitting $126,000 in October. Analysts now debate whether Bitcoin can catch up in 2026, pointing to past cycles where the cryptocurrency rallied after precious metals peaked.