Published • loading... • Updated
Bitcoin’s 90-day correlation with gold hits nine-year high
BTC’s 90-day price correlation with gold has reached +0.56 , its highest level since most data providers started measuring it in January 2017 and higher than its prior record of +0.5 in November 2020. Meanwhile, the 90-day correlation of BTC with the Nasdaq 100 index slid to roughly +0.30 over the...
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.5 Articles
5 Articles
According to ChainCatcher, the 90-day price correlation between BTC and gold has risen to 0.56, higher than the previous high of approximately 0.5 in November 2020, marking the highest level since most data providers began tracking this data in 2017. During the same period, the 90-day correlation between BTC and the Nasdaq 100 fell to approximately 0.3, a one-year low. In the 30-day window, the correlation between BTC and gold further increased …
ProtosReposted by 
Cryptocurrency News | Cryptocurrency Prices | Market Cap
Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin’s 90-day correlation with gold hits nine-year high
BTC's 90-day correlation with gold has reached a multi-year high as the US Treasury’s QE Lite announcement reunited debasement traders.
Coverage Details
Total News Sources5
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
