Bitcoin’s Correlation With Gold Hits Record High ! – Site Title
Bitcoin’s Correlation With Gold Hits Record High ! – Site Title: Bitcoin is now more closely tied to safe haven gold than ever, possibly bringing the cryptocurrency greater resilience to risk aversion in the traditional markets.
The 60-day correlation between the two assets is hovering at record highs above 0.5, according to Coin Metrics data.
The 60-day correlation between the two assets is hovering at record highs above 0.5, according to Coin Metrics data.
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