Bitcoin’s correlation with gold hits six-year high, outpaces Nasdaq-100 link
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🚨 Bitcoin’s correlation with gold hits its highest level since 2019.
📊 The four-month correlation between bitcoin and gold rises to 0.56 as their price movements converge.
✅ Bitcoin’s link to the Nasdaq-100 falls, breaking from its past tech stock pattern.
💡 Investors had viewed $BTC and gold as separate hedges against currency risk.
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