Why Is Bitcoin Underperforming Against Gold? Because They're 'Not Meaningfully Correlated,' Analyst Points Out

The recent underperformance of Bitcoin (CRYPTO: BTC) against gold prompted debate on social media, with some challenging the notion that Bitcoin simply 'follows' gold's price movements.

Aug 28, 2024 - 15:09
Why Is Bitcoin Underperforming Against Gold? Because They're 'Not Meaningfully Correlated,' Analyst Points Out
BTC BitcoinThe recent underperformance of Bitcoin (CRYPTO: BTC) against gold prompted debate on social media, with some challenging the notion that Bitcoin simply 'follows' gold's price movements.

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