06-28-2020, 04:55 PM
Bitcoin Price Forms Striking Correlation to Gold; What This Means for BTC
Bitcoin’s price action has been lackluster in recent times, and many attribute this to the cryptocurrency’s incredibly tight correlation to the stock market. It appears that the cryptocurrency’s price action is growing more correlated to that of gold than that of the benchmark equities indices. As such, where the precious metal trends next could offer […]
https://www.newsbtc.com/2020/06/27/bitco...o-goldKind Regards R
Bitcoin’s price action has been lackluster in recent times, and many attribute this to the cryptocurrency’s incredibly tight correlation to the stock market. It appears that the cryptocurrency’s price action is growing more correlated to that of gold than that of the benchmark equities indices. As such, where the precious metal trends next could offer […]
https://www.newsbtc.com/2020/06/27/bitco...o-goldKind Regards R