That figure is consistent with current market data: 1 Bitcoin is trading at roughly 18.55 troy ounces of gold, while Bitcoin’s gold-denominated value was around 15.3 ounces per BTC about a month earlier. That represents an increase of roughly 21% in Bitcoin’s gold purchasing power.
CoinDesk also reported on September 4 that Bitcoin had moved above 18 ounces of gold, its highest level since January. Current market data likewise shows about 18.55 ounces per BTC.
$BTC
A research and content analyst at Bitcoin treasury company The Smarter Web Company said on X that one Bitcoin is now worth approximately 18.55 ounces of gold, up sharply from around 15.3 ounces a month ago. The move highlights Bitcoin’s recent strengthening relative to gold, as the cryptocurrency has gained purchasing power when measured against the traditional safe-haven asset.
Change: 15.3 → 18.55 ounces = approximately +21.2%.
CoinDesk also reported on September 4 that Bitcoin had moved above 18 ounces of gold, its highest level since January. Current market data likewise shows about 18.55 ounces per BTC.
$BTC
A research and content analyst at Bitcoin treasury company The Smarter Web Company said on X that one Bitcoin is now worth approximately 18.55 ounces of gold, up sharply from around 15.3 ounces a month ago. The move highlights Bitcoin’s recent strengthening relative to gold, as the cryptocurrency has gained purchasing power when measured against the traditional safe-haven asset.
Change: 15.3 → 18.55 ounces = approximately +21.2%.
