The Bitcoin to gold correlation has dropped to its lowest level since November 2022, during the heat of the 2022 bear market. Notably, the correlation recently hit a low of -0.88 amid the latest recovery campaign from Bitcoin (BTC), which has pushed its price above the pivotal $70,000 psychological mark.Visit Website
The Bitcoin to Gold Correlation Just Hit Its Lowest Reading Since the 2022 Bear Market
The Bitcoin to gold correlation has dropped to its lowest level since November 2022, during the heat of the 2022 bear market. Notably, the correlation recently hit a low of -0.88 amid the latest recovery campaign from Bitcoin (BTC), which has pushed its price above the pivotal $70,000 psychological mark.
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Gabrielle Desailly a former investment strategist, Gabrielle covers the intersection of cryptocurrency and global finance. She specializes in regulatory developments, market sentiment, and how digital assets reshape economies.
