List of Flash News about Bitcoin correlation
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2025-04-24 08:04 |
Bitcoin Shows Strong Correlation with Gold: Implications for Traders
According to Miles Deutscher, Bitcoin ($BTC) is now more correlated to gold than equities for the first time in five months, which could indicate a shift in its role as a safe-haven asset during times of uncertainty. This correlation suggests that traders should consider gold's price movements as a potential indicator for Bitcoin's future performance. |