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Bitcoin-Gold Correlation Tops 50% as Debt Fears Return, Grayscale Says
Bitcoin’s 90-day link with gold rose above 50% as its Nasdaq 100 correlation fell to about 33%, Grayscale said.
Summary by crypto.news
4 Articles
4 Articles
Bitcoin Moves Closer to Gold as Its Nasdaq Connection Weakens
Summary: Bitcoin’s 90-day correlation with gold has climbed above 50%, according to Grayscale. Its correlation with the Nasdaq 100 has […] The post Bitcoin Moves Closer to Gold as Its Nasdaq Connection Weakens appeared first on CoinsPress.
Grayscale Reports Bitcoin’s Rising Correlation with Gold
Bitcoin is experiencing significant shifts in market perception as Grayscale’s report indicates its correlation with gold has risen above 50%. This trend reflects a renewed focus among investors on Bitcoin’s scarcity and potential as a store of value, especially amid increasing economic pressures....
Coverage Details
Total News Sources4
Leaning Left0Leaning Right0Center2Last Updated100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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