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$1,965.030.10%BTC$73,029.080.16%ETH$1,999.900.48%XRP$1.300.29%SOL$81.290.31%

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

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CD20$1,965.030.10%BTC$73,029.080.16%ETH$1,999.900.48%XRP$1.300.29%SOL$81.290.31%

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