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Bitcoin Continues Negative Correlation with Gold
Bitcoin has recently gone through a notable setback when it comes to its correlation with gold. Specifically, the price correlation between Bitcoin ($BTC) and gold is continuously negative, while the investor sentiment is shifting. As per the data from Maartunn, a popular CryptoQuant analyst, gold is making a significant surge while the leading cryptocurrency is experiencing a dip. This significant change shows the growing demand for the precious metal among investors across the globe. Based on the new data, Bitcoin’s ($BTC) price is witnessing fluctuations, while gold’s position is very positive in the market. ... (full story)
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