Bitcoin’s correlation with traditional financial markets has been a topic of significant interest and debate in recent months. The latest data suggests that Bitcoin is exhibiting behavior more closely aligned with tech stocks than gold, challenging its narrative as “digital gold” in the short term. Julio Moreno from CryptoQuant shared data showing that Bitcoin currently […]
The post Bitcoin’s correlation with Nasdaq rises to 0.39, diverges from gold at -0.40 appeared first on CryptoSlate.
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Bitcoin’s correlation with Nasdaq rises to 0.39, diverges from gold at -0.40