Bitcoin 30-Day Correlation To Gold Drops – Macro Shift Or Noise?
BitcoinistMonday, May 19, 2025 at 9:00:57 PM
Bitcoin's recent price action has been a rollercoaster—it briefly skyrocketed past $107,000 before crashing back down, leaving traders scratching their heads. Meanwhile, its usual connection to gold (which often moves in tandem during uncertain times) has weakened. Analysts are split: some see this as a red flag for a bigger drop, while others think it’s just market noise.
What This Means: Bitcoin’s wild swings and its loosening tie to gold could signal a shift in how investors view it—less as a "digital safe haven" and more as its own volatile beast. For crypto watchers, this raises questions: Is Bitcoin outgrowing old comparisons, or is this just a blip before another big move? Either way, buckle up.
— Curated via WP Now’s AI editorial system
