Bloomberg Analyst: Bitcoin's Annualized Volatility Ratio to Gold Hits Historic Low

BlockBeats News, August 4th, Bloomberg's Senior Commodity Strategist Mike McGlone stated on social media that as of August 1st, the Bitcoin annualized volatility relative to gold had dropped to a historical low of 2.2 times. This trend may favor gold's performance. Since 2021, although Bitcoin has achieved returns similar to gold, its risk-adjusted value is more than three times that of traditional safe-haven assets — a potentially concerning signal for digital assets.