Bitcoin [BTC] prices positively correlated to gold, finds research

bitcoin [BTC] prices positively correlated to gold, finds research

The Wall Street Journal reported on December 28 that according to data from research firm Excalibur Pro Inc., bitcoin [BTC] has traded with a correlation of 0.84 to gold over the past week. This is not entirely unexpected news, they say, as a lot of investors from traditional markets have put money into the BTC […]

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