
Crypto Squirtle/机灵的杰尼君|Apr 09, 2025 13:44
An interesting data update:
The correlation between Bitcoin and gold surged from -0.8 in February this year to+0.26, while the correlation with the S&P 500 dropped from a high of 0.8 to 0.66.
Simply put, Bitcoin is gradually breaking away from its image as a "technology stock derivative" and regaining some confidence in "digital gold".
Of course, there is still a long way to go from the real "safe haven asset", but the direction is indeed deviated from the US stock market and close to gold. Perhaps Trump should be thanked for this?
Weakened correlation=basis for independent market trends
Independent market=opportunity for a new round of upward trend?
However, to be honest, whether BTC can truly return to 100K depends on whether Wang will make a breakthrough in the future.
BTC gold BTC
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