Analysis: The correlation between Bitcoin and gold has been weakening over the past 30 days

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Bitget2024/07/09 02:32

The correlation between Bitcoin and gold has shown a fluctuating trend over the past three years, with intermittent peaks and troughs in the 30-day and 90-day correlation indicators, indicating differences in the degree of correlation between Bitcoin and gold prices. However, within the past 30 days, the connection between Bitcoin and gold has been weakening, similar to the recent trend observed between Bitcoin and the Standard Poor's 500 Index.

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