Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Bitcoin and Gold Quick-Lived Correlation Not a Signal of Comparability

The Bitcoin (BTC) and gold one-month correlation reached a file excessive of 68% as Bitcoin hit $12,000 early in August, however the correlation crashed by 20% the next week. Regardless of this, Bitcoin appears set to turn into digital gold in 2020 contemplating the worth correlations and tendencies within the futures market. Each gold and …

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