According to CoinMeta, as reported by Coinpaper, gold currently has an advantage in the competition with Bitcoin, but how will it develop in 2026? With weak U.S. employment data, declining Treasury yields, and a weakening dollar, demand for gold is on the rise. Bitcoin traded at nearly $64,956 on August 8, while spot gold closed at $4,336 on Friday, with a weekly increase of over 7%. Gold reached its highest point in seven weeks against the backdrop of significantly reduced expectations for a Fed interest rate hike in September. The ratio between Bitcoin and gold indicates that Bitcoin's strength relative to gold has clearly weakened, with the next important support level around $251 million. Analysts expect gold to continue to remain strong before the end of 2026, while Bitcoin may need more time to reverse its relative weakness.