Currently, after going through the wave of inflation, that swept the world and originated with overprinted pandemic dollars, euro is pretty much back to its historically more or less stable inflation of ~2% per year on average. It doesn't seem that significant, but sure, gold might also be a good indicator for trying to understand where we are. Although, you can't think of it as a unit of value no more than you can think about bitcoin this way. Gold also appreciates like crazy similarly to bitcoin. Especially now, when people feel like recession is basically ensured so they roll back their investments in more risky assets.
If you see BTC rising faster when you look at its price in dollars you don't see the appreciation of BTC. You see the decline of the dollar.