Top 10 Coins More Correlated Than Ever, but Decoupling From Gold

Cointelegraph

Published Apr 09, 2020 08:39PM ET

Updated Apr 09, 2020 10:20PM ET

Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.

Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.

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