Bitcoin’s Correlation With Gold Hits Highest Level Since March, While Ethereum Lags Behind

Bitcoin’s correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoin’s evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin,

Source: NullTx