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TechFlow, May 19 — According to Glassnode data, the short-term correlation between Bitcoin and gold over the past 30 days has dropped to -0.54, the lowest level since February. Meanwhile, the 90-day and 365-day correlations between Bitcoin and gold remain positive at 0.39 and 0.60, respectively.
According to Glassnode data, the short-term correlation between Bitcoin and gold over the past 30 days has dropped to -0.54, the lowest level since February. Meanwhile, the 90-day and 365-day correlations between Bitcoin and gold remain positive at 0.39 and 0.60, respectively.
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