Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years

Cointelegraph

Published Sep 09, 2020 01:30PM ET

Updated Sep 09, 2020 03:20PM ET

In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010:

Bitcoin and gold correlation. Source: Coin Metrics.

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