Bitcoin's Gold Correlation Hits 50% as $40 Trillion U.S. Debt Revives Debasement Trade
According to Grayscale on Aug. 27, Bitcoin's 90-day correlation with gold climbed above 50% while its Nasdaq 100 correlation fell from over 60% to roughly 33%, citing Bloomberg data through Aug. 24. The shift reflects investors increasingly treating Bitcoin as a scarce monetary asset rather than a t
GateNews·08-29 07:52
