Glassnode: The short-term correlation between gold and Bitcoin has fallen to -0.54, the lowest level since February.

According to ChainCatcher news and Glassnode data, the short-term correlation between Bitcoin and gold has dropped to -0.54 in the past 30 days, the lowest level since February. At the same time, the correlations for 90 days and 365 days remain positive, at 0.39 and 0.60, respectively.

BTC-1.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-50424b21vip
· 05-19 12:48
Hold on tight, we are taking off soon To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)