Gold down 17% this month. Bitcoin up 7%. The correlation between the two has dropped to –0.9 — its lowest since late 2022. Two assets both framed as inflation hedges. Moving in opposite directions. That divergence is worth paying attention to. Plus: @MorganStanley just filed for a spot Bitcoin ETF. Full breakdown in today's Daily Market Update 👇
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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.
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