#BTC & #XAU are becoming increasingly correlated. 🪙
BTC’s link with Nasdaq has weakened, while its correlation with gold has climbed above 50%.
With rising debt and bond yields, investors are increasingly turning to scarce assets. BTC’s fixed supply is strengthening its “digital gold” narrative.
Weekend liquidity is thin—let’s see what happens when US markets reopen. 👀
#BTC #Gold #crypto
BTC’s link with Nasdaq has weakened, while its correlation with gold has climbed above 50%.
With rising debt and bond yields, investors are increasingly turning to scarce assets. BTC’s fixed supply is strengthening its “digital gold” narrative.
Weekend liquidity is thin—let’s see what happens when US markets reopen. 👀
#BTC #Gold #crypto