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Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

August 18, 2020 by DIGIT
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Gold–BTC correlation drops 20% one week after hitting all-time high of 68%, correlation metrics are often misleading for investors.

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Categories Bitcoin, business, gold, OKCoin
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  • bitcoinBitcoin(BTC)$99,121.002.15%
  • ethereumEthereum(ETH)$3,375.578.06%
  • tetherTether(USDT)$1.000.23%
  • solanaSolana(SOL)$259.338.98%
  • binancecoinBNB(BNB)$630.633.37%
  • rippleXRP(XRP)$1.4025.92%
  • dogecoinDogecoin(DOGE)$0.3933212.31%
  • usd-coinUSDC(USDC)$1.000.15%
  • staked-etherLido Staked Ether(STETH)$3,374.838.17%
  • cardanoCardano(ADA)$0.8812.81%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$99,121.002.15%
  • ethereumEthereum(ETH)$3,375.578.06%
  • tetherTether(USDT)$1.000.23%
  • solanaSolana(SOL)$259.338.98%
  • binancecoinBNB(BNB)$630.633.37%
  • rippleXRP(XRP)$1.4025.92%
  • dogecoinDogecoin(DOGE)$0.3933212.31%
  • usd-coinUSDC(USDC)$1.000.15%
  • staked-etherLido Staked Ether(STETH)$3,374.838.17%
  • cardanoCardano(ADA)$0.8812.81%