The copper-to-gold ratio is breaking higher, a move that has historically aligned with key turning points in bitcoin cycles.

What to know:

  • A rising copper-to-gold ratio signals a shift toward risk-on conditions and has historically preceded major bitcoin rallies after prolonged downtrends.

  • The ratio has now broken out from a yearslong decline. Copper’s recent outperformance versus gold may support a bitcoin rally into 2026.

$BTC

BTC
BTC
68,621.63
-2.30%