According to data from CryptoQuant, as reported by Mars Finance on March 18, the correlation coefficient between Bitcoin and gold fell to -0.88, a new low since November 2022. This indicates a strong negative correlation between the two, with capital flowing into Bitcoin pushing its price up to $74,000, while gold experienced a slight decline.
The correlation between Bitcoin and gold has fallen to its lowest level since November 2022.
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




