Bitcoin-gold correlation hits six-year high
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Bitcoin (CRYPTO:BTC) moved more closely with gold during the latest bond market selloff, pushing their 90-day correlation to a nearly six-year high.
Bitcoin (CRYPTO:BTC) moved more closely with gold during the latest bond market selloff, pushing their 90-day correlation to a nearly six-year high.
21Shares has brought its Bitcoin and gold-backed BOLD fund to the London Stock Exchange.
Bitcoin has outperformed gold and the Nasdaq 100 since the start of the US-Iran conflict on February 28, gaining about 7% over the period, according to data shared by Arthur Hayes.
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