‍BTC Hits 2-Year Lows Against Gold as Precious Metals Reach Record Peaks As of January 12, 2026, a significant divergence has emerged between traditional safe-haven assets and digital currencies. Gold and Silver have surged to new all-time highs, while Bitcoin (BTC) has failed to maintain its pace, leading analysts to question its status as the primary "debasement trade." The BTC/Gold ratio has slipped below the 20-ounce mark. Karel Mercx, an investment specialist, stated, “The verdict is in: the debasement trade is Gold & Silver, not Bitcoin. The narrative is broken.” This shift occurs amid increased volatility following U.S. government actions regarding the Federal Reserve leadership. Precious metals are in a price discovery phase, while Bitcoin's inability to rebound raises concerns about its correlation with inflation hedges. Michaël van de Poppe suggested that Bitcoin's window for recovery may be narrowing. Analysts are debating the validity of the four-year Bitcoin halving cycle, and institutional "de-risking" appears to favor physical assets over the crypto market's volatility. Current data indicates investors are returning to traditional commodities to navigate fiscal and monetary uncertainty.
‍Satoshi-Era Whale Moves $180M in Bitcoin to Coinbase After 15 Years A dormant Bitcoin whale from the Satoshi era has reactivated after over 15 years, transferring 2,000 BTC (valued at ~$182 million) to Coinbase. This significant movement of "ancient" supply, originating from 40 P2PK addresses funded in July 2010, has drawn market attention. Experts like Julio Moreno of CryptoQuant note this as the largest transfer of Satoshi-era coins since November 2024. While such moves can signal liquidation, Rachel Lin, CEO of SynFutures, suggests early holders might be hedging or engaging in structured trades. The market has absorbed this large historical supply with relative stability, trading near $91,164, reflecting increasing ecosystem maturity.
‍Ethereum Poised for Significant Gains Against Bitcoin: Technical Analysis Suggests 95% Rally The ETH/BTC trading pair is showing strong bullish signals, potentially indicating a trend reversal. Analysts have identified an inverse head-and-shoulders pattern, a classic bullish reversal formation. If confirmed by a break above the neckline resistance at 0.042 BTC, Ethereum could appreciate by 95% against Bitcoin, targeting 0.066 BTC. This scenario mirrors the market structure seen between 2019-2021, which preceded a similar surge for ETH. Analyst Michael van de Poppe also believes the pair has bottomed out and is set for gains in 2026. However, risks remain. A failure to hold current levels could lead to a breakdown to the 0.024-0.025 BTC range, invalidating the bullish thesis.
‍Gold Reaches $4,600, Silver Surges 7% Amidst Fed Uncertainty Precious metals have hit historic highs as a legal crisis involving the U.S. Federal Reserve and the Department of Justice fuels institutional uncertainty. Gold rose 2.2% to $4,600 per ounce, while silver jumped nearly 7% to $85. In contrast, Bitcoin traded flat, with market participants now awaiting critical CPI and PPI data releases. These figures are expected to influence interest rate cut expectations and determine the sustainability of the rally in non-yielding assets.