Bitcoin gold correlation has pushed above 0.5, a near six-year high, as bond stress and inflation fears revive the safe haven trade. Here is our read.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Bitcoin and gold come back to move together: correlation over 50%, at the maximum from Covid. But volatility and risk show why the two assets remain very different. Cryptocurrencies / First Floor, Bitcoin, Gold, Statistical Analysis, Mining (cryptocurrencies)