Correlation between Bitcoin and Gold Recently Turned Significantly Negative
Article is form followin
September 13, 2024
This article is translated by ChatGPT Show original
According to Mars Finance, data tracked by CryptoQuant shows a significant shift in the correlation between Bitcoin and gold, turning negative recently. While gold has recently reached a new record high above $2,500 per ounce, Bitcoin is trading more than 20% below its record levels from months ago.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.