2025-12-03 13:23:15

A recent chart has been circulating within the community, making quite a few long-term holders nervous after seeing it.

The exchange rate of Bitcoin to silver has dropped dramatically: last year, 1 BTC could get you 3,500 ounces of silver, but now it only gets you 1,458 ounces. In just one year, the ratio has been cut in half.

Don’t get it wrong—it’s not a Bitcoin crash (the drop was actually 27%), but rather silver has surged—skyrocketing by 50%. In this round, the "white metal" has absolutely crushed it.

Why did silver manage to make a comeback this time? The answer is simple: it’s no longer just a precious metal. Solar panels, EV batteries, energy storage equipment, military materials... all these sectors are literally consuming silver. Demand is rock solid, supply can’t keep up, and with the global green transition picking up steam, silver has undergone an identity upgrade.

What about Bitcoin? Every time there’s a spike in market risk aversion, it still rides the rollercoaster alongside tech stocks.

Is the “digital gold” label still holding strong? Now that the ratio has dropped back to bear market levels seen in 2022, we have to admit: Bitcoin’s volatility still resembles that of growth tech stocks—soaring sky-high on the way up, gut-wrenching on the way down. In the real-world asset hierarchy, capital currently prefers silver—the metal that can actually "get to work in factories."

Here are a few points to keep in mind:
First, stop selling the safe-haven narrative for Bitcoin in the short term—it’s more like a high-volatility growth asset, not the ultimate safety deposit box.
Second, silver is now deeply tied to the new energy revolution, and its industrial properties provide a solid floor.
Third, don’t turn investing into a matter of faith—balanced allocation is the real way to go.

That 1,458-ounce figure is actually a milestone. The market always prices assets based on cash flow, collateral value, and real demand—not just stories and consensus. The next big test for Bitcoin might be: when the next storm hits, can it stop losing out to this "unremarkable" little metal?

(Data sourced from public market information; this article does not constitute investment advice.)

BTC-0.28%

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SatoshiChallenger

· 22h ago

Ironically, silver has industrial demand as a safety net, while Bitcoin is still propped up by stories. Data shows that this reversal actually makes a lot of sense—no wonder holders are starting to panic. I'm not trying to be difficult, but anyone who ever believed in the "digital gold" narrative now has to reassess their allocation. Interesting—this time the real safe haven asset turns out to be that "unremarkable" piece of silver. History lesson: things supported only by consensus and narrative will eventually get slapped in the face by cash flow. So, the green energy revolution is real demand; the whole Bitcoin story is still just a high-volatility growth narrative in the end. As for balanced allocation—well, it basically denies the entire argument of pure believers. Look at the bear market comparisons: now, Bitcoin drops just as painfully as tech stocks, and that's the truth. Objectively speaking, silver's industrial properties support its price more than BTC's consensus does—this time, it really backfired. No wonder some people in the space are starting to reduce their holdings; the market always prices based on cash flow—it's no joke.

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WagmiOrRekt

· 12-06 04:09

Silver’s current rally is truly supported by fundamentals, while the “digital gold” narrative for Bitcoin is starting to lose its strength.

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DEXRobinHood