The price of bitcoin has been consolidating steadily above $100,000 for more than a month, and its correlation coefficient with the US stock market has dropped to -0.29, showing a clear negative correlation trend. It is worth noting that physical gold has recently hit new highs again, and the correlation between Bitcoin and gold has reached 0.2, which indicates that Bitcoin's "digital gold" attribute is gradually becoming prominent. This market dynamic may signal that Bitcoin is expected to continue to rally in line with gold, showing its potential as a store of value. This shift in correlation has important implications for understanding the positioning of cryptocurrencies in the current macroeconomic environment. #Gate BTC链上质押收益百分之三# #BountyDrop上线 Gate Wallet# #Alpha 积分节12期开启#

BTC0.63%
ALPHA10.89%
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