Bitcoin’s correlation with gold hits lowest level in a year post Donald Trump victory

Oluwapelumi Adejumo

Bitcoin’s correlation with gold prices has fallen to its lowest level in nearly a year following Donald Trump’s recent election victory on Nov. 5. According to K33 Research, the 30-day correlation between Bitcoin and gold stands at -0.36, its lowest level since December 2023. In correlation terms, a value of 1 signifies a perfect positive […]

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Bitcoin’s correlation with gold hits lowest level in a year post Donald Trump victory