Bitcoin's purchasing power against gold has surged, with one Bitcoin now able to buy over 28 ounces of gold. This shift comes as spot gold prices fell below $4,000, settling at $3,987.28, while Bitcoin rebounded above $115,000 amid market adjustments. The Bitcoin-gold ratio has returned to levels not seen since November 2024, highlighting a 9% decline in gold from its recent peak and a 12% loss against Bitcoin over the past week. Year-to-date, Bitcoin has risen 69%, significantly outperforming gold's 45.9% increase and silver's 37.5% gain.