đ $BTC is trading like a completely different asset compared with March.
Back then, Bitcoinâs 90-day correlation was 0.57 with the Nasdaq-100 and just 0.21 with gold. Today, those numbers have essentially flipped â 0.22 with the Nasdaq-100 and 0.57 with gold.
đ This shift suggests $BTC âs market behavior is becoming more closely aligned with gold and traditional safe-haven assets, rather than tech stocks. đ
Back then, Bitcoinâs 90-day correlation was 0.57 with the Nasdaq-100 and just 0.21 with gold. Today, those numbers have essentially flipped â 0.22 with the Nasdaq-100 and 0.57 with gold.
đ This shift suggests $BTC âs market behavior is becoming more closely aligned with gold and traditional safe-haven assets, rather than tech stocks. đ
