ChainCatcher News, according to Bloomberg, Bloomberg analyst Mike McGlone stated that the ratio of cryptocurrencies to metals has fallen below a key support level, indicating that this trend may continue into 2026.
Data shows that the ratio of the Bloomberg Galaxy Cryptocurrency Index (BGCI) to the Bloomberg All Metals Total Return Sub-Index (BCOMAMT) has broken below the previous resistance level of approximately 510, which was initially formed in 2018 (based on a 2017 base of 100). This technical breakthrough could suggest that the performance of crypto assets relative to traditional metals markets will continue to weaken.
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