Bitcoin Is Trading Like Gold Again, Bitwise Says the Last Time Was 2020
Bitcoin’s 90-day correlation with gold has climbed to its highest level since the 2020 stimulus wave, according to Bitwise, and the firm’s chief investment officer says the $40 trillion U.S. debt pile leaves investors with two trades worth owning. The Hard-Asset Handshake Bitwise’s chart, based on data compiled from April 2015 through Aug. 31, 2026, […]
Key Takeaways
- Bitcoin’s 90-day correlation with gold has climbed to its highest level since the 2020 stimulus wave, according to Bitwise, and the firm’s chief investment officer says the $40 trillion U.S.
- debt pile leaves investors with two trades worth owning.
- The Hard-Asset Handshake Bitwise’s chart, based on data compiled from April 2015 through Aug.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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