Bitcoin Continues to Prove Its Strength! 📈

Interesting dat...

Bitcoin Continues to Prove Its Strength! 📈 Interesting dat...

October 17, 202531 lượt xem
Bitcoin Continues to Prove Its Strength! 📈 Interesting data this week, Bitcoin’s 90-day correlation with U.S. equities stays elevated at 0.33, still much higher than the pre-COVID norm that was close to zero. While, Its near-zero correlation with gold (0.0), highlights Bitcoin’s unique identity not just digital gold, but something even bigger. And with the U.S. dollar, it’s slightly negative (−0.25), meaning $BTC tends to rise when the dollar weakens. Markets evolve and Bitcoin’s identity is still being defined! 🫰 #Bitcoin #Macro Insights#
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