Name: Bitcoin Decouples From Gold. Is Crypto in a Bear Market Again?
Uploaded: 2024-09-12T14:54:32.000Z
Duration: 55 s
Description: Data tracked by CryptoQuant shows that the correlation between bitcoin and gold has turned sizably negative of late. Gold has recently been pushing to new record highs above $2,500 per ounce while bitcoin struggles more than 20% below its record level of a few months ago. Has crypto fallen back to a bearish phase? CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

CD20$2,008.511.29%BTC$74,243.072.06%ETH$2,014.542.70%XRP$1.311.42%SOL$82.011.87%

Bitcoin Decouples From Gold. Is Crypto in a Bear Market Again? | CoinDesk Videos

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CD20$2,008.511.29%BTC$74,243.072.06%ETH$2,014.542.70%XRP$1.311.42%SOL$82.011.87%

Bitcoin Decouples From Gold. Is Crypto in a Bear Market Again? | CoinDesk Videos