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Analysis: Bitcoin and gold correlation has become increasingly weaker over the past 30 days

2024-07-09 02:26
Odaily News The correlation between Bitcoin and gold has fluctuated over the past three years, with the 30-day and 90-day correlation indicators showing intermittent peaks and valleys, indicating differences in the degree of correlation between Bitcoin and gold prices. However, over the past 30 days, the correlation between Bitcoin and gold has become increasingly weak, similar to the trend recently observed between Bitcoin and the S&P 500. (Cryptoslate)