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Nalezeno "Bitcoin Gold correlation": 2

Report: Bitcoin Set for its Biggest Breakout Yet


A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...

Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop


Source: Adobe/sergey_p While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin...

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