🚨 Latest Developments: The correlation between Bitcoin and the Nasdaq has fallen from over 60% to about 33%, while its correlation with gold has risen to over 50%.
Zach Pandl, Head of Research at Grayscale, said this shift indicates that Bitcoin is gradually breaking away from its linkage with risk assets, further reinforcing its role as a scarce store of value.
Zach Pandl, Head of Research at Grayscale, said this shift indicates that Bitcoin is gradually breaking away from its linkage with risk assets, further reinforcing its role as a scarce store of value.
