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Bitcoin Hovers Above $27,000 as Correlation with Gold, Stocks Drops
The correlation of Bitcoin with gold, Nasdaq Composite, and S&P 500 currently stands at -0.02, -0.06, and 0.18, respectively.
September 19, 2023
Gold Hits Yearly High as Central Banks Rush to Buy
China's central bank continued to pile up its gold holdings for a fifth consecutive month, adding an additional 18 tons in March.
April 07, 2023
Bitcoin’s Correlation to Gold Increases as Crypto Rally Continues
Bitcoin's correlation with gold is strengthening as it decouples from US stocks.
March 17, 2023
Central Banks Bought 1,136 tons of Gold in 2022: Demand Surged to 11-Year High
Demand for gold hit a 11-year high in 2022 after central banks bought the highest amount of the yellow metal in 55 years.
February 01, 2023
Russia and Iran Discuss Using Stablecoin Backed by Gold for Foreign Trade
Russia and Iran are holding talks to roll out a gold-backed stablecoin that would be used as means of payment in foreign trade.
January 16, 2023More from The Tokenist / Gold
Bitcoin Isn’t Digital Gold – Or At Least Not Yet, Anyway
December 05, 2022
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