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Gold
One platform for global traditional assets
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CandyDrop
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Gold has risen to around 4800 this year, up 46%
The big coin has dropped from 93000 at the beginning of the year to 75000, down 19%
The short-term correlation has turned into a strong negative correlation
Institutional risk budgets are limited, now fully invested in gold
But a similar decoupling occurred in 2020
Later, the big coin took 6 months to catch up with the rise of gold
$BTC $XAUT #Gate13thAnniversaryLive