Bitcoin-gold correlation hits record highs across 90- and 30-day windows
TradingView News says Bitcoin’s 90-day Pearson correlation with gold hit an all-time high, while the 30-day metric reached a yearly high of 0.8, indicating closer price co-movement.
Bitcoin’s 90-day Pearson correlation coefficient with gold reached an all-time high, and the 30-day metric reached a yearly high of 0.8.
The correlation coefficient measures how closely two assets’ prices move together; the higher the figure, the more the prices resemble one another.This metric is…