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Bitcoin and gold correlation reaches six-year high
1 sourcePublished · Updated
The 90-day correlation of Bitcoin with gold has reached its highest level since 2020. Meanwhile, the connection between Bitcoin and the stock market has dropped to a minimum, linked to macro events in August.
Key facts
- 90-day correlation of Bitcoin with gold
- Highest since 2020
- Bitcoin rose by 22.4%
- Gold increased by 5%
- Connection with the stock market decreased
Bitcoin · gold · Bitwise · Andre Dragosh · USA
Sources1
- Independent
ForkLogEarliest tracked report
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