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CryptoMedium•18 February 2026•

1 min read

Gold Hits $5,000 Milestone as Bitcoin Underperforms Relative to Precious Metal

Golden Bitcoin symbol in front of a screen showing cryptocurrency price charts

Gold prices have reached a historic milestone of $5,000 per ounce on TradingView (TVC) charts, reinforcing its status as a primary safe-haven asset. Concurrently, the Bitcoin-to-Gold ratio (BTC/XAU) has experienced a significant decline across both intraday and higher time frames. This downward trend highlights Bitcoin's relative underperformance as gold's strong momentum outpaces the leading cryptocurrency's price action. Market analysts are closely monitoring this shift in relative strength between the two major 'store of value' assets. The psychological breakthrough of the $5,000 level for gold suggests a potential rotation of capital toward traditional commodities. Investors are now evaluating whether this BTC/XAU weakness is a temporary correction or a broader shift in market preference toward bullion.