Community Articles
via Bitcoin Magazine · By Bitcoin Magazine Editorial
Bitcoin-Gold Correlation Hits Six-Year High
BTC
BTC/USDT
$79,689.36
-1.81%
$79,689.36
-1.81%
(24s)24h Volume
$17,795,202,906.43
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0009%
Shorts pay
Data provided by COINOTAG DATALive data
BM
Bitcoin Magazine Editorial(09:31 PM UTC)
1 min read
Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement.
That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.”
Bitcoin…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles
Pakistan Turns to Bitcoin-Style Tokenization for $3 Billion Eurobond Debt
September 5, 2026 at 09:22 AM UTC
Bitcoin (BTC) ETF Inflows Hit $3.8B in Three Weeks, Led by BlackRock's IBIT
September 5, 2026 at 08:24 AM UTC
Bitcoin (BTC) to Gold Ratio Hits 18.17, Highest Since January
September 5, 2026 at 07:37 AM UTC