The Macro Butler
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The Macro Butler aims to deliver concise yet comprehensive macroeconomic insights that impact global and regional markets. We analyze key indicators, trends to provide actionable & timely investment recommendations to all kind of investors.
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The #Bitcoin-to-#Gold ratio has been the market’s drama queen for 15 years—spiking in good times, sulking in downturns.
Right now, it’s throwing a fit: Bitcoin’s losing ground to gold, and if history’s any guide, that spells trouble for stocks. Fun fact?

The only two years the S&P 500 finished in the red since Bitcoin’s birth also saw this ratio drop. Stocks may be up 6.5% in 2025 so far, but if this trend keeps sliding, brace yourself: gold’s the adult in the room, and crypto’s tantrum might just be forecasting a tariff-fuelled earnings hangover.