Tag Archives: bitcoin correlation

Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months

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Data shows the correlation between Bitcoin and Gold has turned negative, a sign that the two assets are moving in the direction opposite to each other. Correlation Coefficient Is Now Underwater For Bitcoin & Gold In a new Gold. The Correlation Coefficient is a tool from statistics that measures the relationship between two given variables… Continue reading Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months→

Bitcoin-Money Supply Link Is A Myth, Glassnode Researcher Reveals

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A senior researcher at Glassnode has challenged the idea that the Bitcoin price is correlated to US money supply or other major economies. No Structural Link Between Bitcoin & Money Supply Of Major Economies In a new Group of Seven (G7) economies. The “Correlation” here refers to an indicator that measures how tightly together the… Continue reading Bitcoin-Money Supply Link Is A Myth, Glassnode Researcher Reveals→

Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign?

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Data shows Altcoins are breaking away from Bitcoin’s lead. Here’s what that could mean for the market, based on historical trends. Altcoins Are Witnessing A Fast Drop In Correlation To Bitcoin In a new altcoins has changed recently. The Correlation is an indicator that keeps track of how tied together the prices of any two… Continue reading Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign?→

Bitcoin Correlation With Gold Now At Highest Level Since March

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Data shows Bitcoin has been becoming increasingly correlated with Gold, a potential sign that the digital Gold narrative is making a return. Bitcoin Correlation With Gold Has Risen To 0.75 Recently In a new Gold. The “Correlation” here is a metric that tracks how closely related the prices of two given assets are. In the current… Continue reading Bitcoin Correlation With Gold Now At Highest Level Since March→