BTC Gold Correlation

Why is Gold getting clobbered again, is it Bitcoin?

When Gold’s price drops, does Bitcoin have something to do with it? Gold’s price dropped by over 1.5% today while Bitcoin was down by over 2%. Over the previous week, Gold’s price dropped by 0.69%, while Bitcoin’s price was down by 0.84%. While things are different over longer periods, both these assets are different. From...
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Bitcoin ‘breaks free’ of S&P 500 correlation: What does this mean?

The corrections in the U.S stock market earlier this week fueled a fear among many that a pullback in Bitcoin’s price may be incoming too. Such fears were later validated, with the crypto-asset trading below $18,500, at press time. Bitcoin has been in an unfavorable position since it dropped below $19,000. After the price dropped...
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