Bitcoin correlation with gold surges amidst First Republic Bank news

2023-4-26 19:48

Quick Take Bitcoin correlation to gold is continuing to get stronger, which is a positive sign as further stress continues onto the regional banking sector in the U.S. Kaiko reported that the Bitcoin 30-day rolling correlation with gold has surged since March, and it is now at 57%, the highest in almost two years. While on a 90-day rolling basis, the correlation between Bitcoin and Gold is at 86%, a 3-year high. According to CNBC, First Republic Bank’s share price is down a fourth of 17% today, and the U.S. government is unwilling to intervene. BTC Correlation: (Source: Glassnode) BTC Correlation: (Source: Kaiko)

The post Bitcoin correlation with gold surges amidst First Republic Bank news appeared first on CryptoSlate.

origin »

Bitcoin (BTC) на Currencies.ru

$ 105352.85 (-0.04%)
Объем 24H $51.634b
Изменеия 24h: 2.87 %, 7d: 0.51 %
Cегодня L: $103456.85 - H: $106219.15
Капитализация $2087.805b Rank 1
Цена в час новости $ 28380.5 (271.22%)

bitcoin gold correlation rolling surged reported kaiko

bitcoin gold → Результатов: 126


Binance обязала клиентов вывести активы в Monero, Bitcoin Gold и нескольких других криптовалютах

Крупнейшая криптовалютная биржа мира Binance заявила, что клиенты смогут вывести криптовалюты Monero, Multichain, Bitcoin Gold и некоторые другие исключенные из листинга активы до 1 сентября 2024 года включительно.

2024-8-13 12:58


Фото:

Bitcoin market cap nears 10% of gold as institutional interest soars – Incrementum report

Quick Take A report compiled by wealth management firm Incrementum, shared by Tuur Demeester, a researcher at Adamant Research sheds light on the growing institutional interest in Bitcoin. The research, titled “The New Gold Playbook,” highlights the increasing resemblance of Bitcoin to gold, supported by various charts.

2024-5-23 18:50


Bitcoin Emerges As the King Of Assets,10X Growth Over Gold During US Banking Crisis

Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to grow further in 2023, as it acts as a safe haven for investors amidst the US banking crisis.

2023-4-29 23:00