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The short-term correlation between gold and Bitcoin drops to -0.54, the lowest since February

The short-term correlation between gold and Bitcoin drops to -0.54, the lowest since February

ChaincatcherChaincatcher2025/05/19 11:15
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According to ChainCatcher, data from Glassnode shows that the short-term correlation between Bitcoin and gold has dropped to -0.54 over the past 30 days, the lowest level since February. Meanwhile, the 90-day and 365-day correlations remain positive, at 0.39 and 0.60, respectively.

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