Bitcoin Correlations Shift: Over 50% Link to Gold Signals Potential Return of 'Money Degradation' Trade
Grayscale research highlights a major shift: Bitcoin's correlation with gold has surged past 50%, while its link to tech stocks has weakened. This suggests investors may be refocusing on Bitcoin's scarcity and monetary properties as a hedge against fiscal concerns and currency debasement, potentially marking a new market phase.
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