PANews reports on May 19th that according to glassnode data, the short-term correlation between Bitcoin and gold has dropped to -0.54 in the past 30 days, reaching its lowest level since February. Meanwhile, the 90-day and 365-day correlations remain positive, at 0.39 and 0.60 respectively.
Bitcoin's short-term correlation with gold has fallen to -0.54, the lowest level since February
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