The correlation between Bitcoin and gold has recently significantly turned negative
ChainCatcher news, according to data tracked by CryptoQuant, the correlation between Bitcoin and gold has recently turned significantly negative. Gold has recently risen to a new record high of over $2,500 per ounce, while Bitcoin is more than 20% lower than its record level a few months ago.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MSCI Asia Pacific Index rises 1.3%
New Zealand’s governing coalition holds slim majority in preliminary count
Goldman Sachs analyzes the SpaceX (SPCX.US) index effect: valuation, volatility, and concentration are almost “insensitive”
Goldman Sachs stated that despite significant market concerns on the eve of SpaceX's record-breaking IPO, the stock’s increasing weight in major indexes has had little impact on index valuations and performance.
US Tech Giants Face Congressional Subpoena Threats
Crypto prices
More
