Analysis: The correlation between bitcoin and gold has weakened over the past 30 days
2024-07-09 02:12:17
Bitcoin gold correlation three years current volatility trend 30 90desk3cryptocurrencydesktopCrypto News
The correlation between bitcoin and gold has shown a volatile trend over the past three years, with the 30- and 90-day correlation indicators showing intermittent peaks and troughs, indicating a difference in the degree of correlation between bitcoin and gold prices. However, over the past 30 days, the correlation between bitcoin and gold has become weaker and weaker, similar to the recently observed trend between bitcoin and the S & P 500 Index.
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