Bitcoin correlation with gold surges amidst First Republic Bank news
James Van Straten · 3 years ago
This article is more than 2 years old...
Bitcoin correlation with gold surges amidst First Republic Bank news
On a 90-day rolling basis, the correlation between Bitcoin and Gold is at 86%, a 3-year high.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.