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Bitcoin Gold Correlation Hits Multi-Year High as Tech Decoupling Grows

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Bitwise research shows Bitcoin's 90-day correlation with gold reached its highest level since 2020, while decoupling from the Nasdaq-100 to one-year lows.
  • The shift highlights Bitcoin's growing adoption as a debasement hedge amid upcoming US Treasury liquidity injections and broader currency concerns.
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