🔴Gold and Bitcoin have been moving in tandem since late Q2


This is a notable reversal from the dominant trend across the whole of 2026. Throughout most of 2026, the market story was a strong divergence between gold and $BTC as the correlation coefficient between the two assets fell to its most negative level in years (at one point hitting -0.88, the lowest since 2022).
The correlation coefficient turning positive again since mid-June suggests that both are responding to the same factor—most likely overall market liquidity—rather than Gold continuing to play the safe-haven role while BTC is a separate risk asset as before.
BTC0.52%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-04510f5d
· 07-05 14:09
Maximizing Crypto Income via Tokenized Stocks and the NFP Fallout

The recent weak NFP (Non-Farm Payroll) data has significantly shaken rate hike odds, causing a massive ripple effect across various asset classes. As the market reacts to these macroeconomic shifts, tokenized stocks, commonly known as gStocks, are becoming an increasingly attractive proposition for traders looking to diversify.
Reply0