Analyst Mike McGlone notes that Bitcoin’s value against silver has sharply declined, with the BTC/XAG ratio falling from 3,152 in August 2025 to 829 amid silver’s strong market performance.
Bitcoin’s comparative value to silver has declined sharply, according to market data highlighted by analyst Mike McGlone. The BTC/XAG ratio has fallen by 73.7%, dropping from 3,152 in August 2025 to 829 as silver continues to outperform Bitcoin. The crypto asset fell below the symbolic 1,000 ounces of silver pivot point in January, signaling a notable shift in relative strength between digital and precious metal markets.