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Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August

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🚨 Bitcoin’s 90-day correlation with gold climbed above 50% amid a major price rally.
💰 Spot Bitcoin ETFs gathered $3.04 billion in inflows as BTC surged nearly 28% in August.
📉 At the same time, US federal debt hit $40 trillion, adding to investor anxiety.
🔎 Institutional demand in $BTC linked to macroeconomic risks and debasement concerns.

Continue Reading:Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August

The post Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August appeared first on COINTURK NEWS.

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