Bitcoin revives gold correlation as BTC price nears $117K
PositiveCryptocurrency

Bitcoin is making waves as its price approaches $117,000, showing a renewed correlation with gold, which is also reaching new all-time highs. This trend is significant because it highlights the growing acceptance of Bitcoin as a valuable asset, similar to gold, especially in times of economic uncertainty. Investors are increasingly looking at Bitcoin not just as a currency but as a store of value, which could reshape the financial landscape.
— Curated by the World Pulse Now AI Editorial System