Name: Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year
Uploaded: 2022-10-07T19:35:06.000Z
Duration: 1 min 7 s
Description: Last week, the 30-day correlation between gold and bitcoin (BTC) reached over 0.3, its highest in over a year, even as cryptocurrencies decoupled from equities, according to Kaiko. The 30-day correlation between gold and bitcoin has ranged between positive and negative 0.2 since late last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

CD20$2,039.570.99%BTC$73,842.110.29%ETH$2,012.780.89%XRP$1.331.04%SOL$82.680.52%

Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year | CoinDesk Videos

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CD20$2,039.570.99%BTC$73,842.110.29%ETH$2,012.780.89%XRP$1.331.04%SOL$82.680.52%

Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year | CoinDesk Videos