Bitcoin is gradually moving closer to gold due to the reignited depreciation of US debt trading
2026-08-29 11:58:03
According to CoinMeta, and as reported by Grayscale, with the rise in U.S. debt and the resurgence of fiscal concerns, Bitcoin's performance is increasingly resembling that of gold rather than tech stocks, and its correlation has also undergone significant changes. Bitcoin's correlation has shifted from NASDAQ to gold, with investors increasingly viewing it as part of traditional assets.
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Source:Internet
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