Bitcoin Gold Correlation Inches Towards 5 Year High Heres Why

Last updated: June 10, 2025, 21:33

Bitcoin Gold Correlation Inches Towards 5 Year High Heres Why

BTC can hit

Bitcoin has a strong positive correlation of 0.70 with gold, distancing itself from tech stocks. It has a 0.53 correlation the with Nasdaq 100. The BTC price is approaching

Citi suggests that the correlation between crypto and gold is crucial to observe as it could signal Bitcoin 's potential as a store of value, although they believe the term digital

BTC can hit $155K if gold’s lagging correlation holds. In late April, gold climbed to an all-time high of $3,500, up 33.35% year-to-date (YTD). It has corrected slightly

A commonly shared view in

Decoding the Bitcoin and Gold rally: Understanding the

A commonly shared view in recent weeks suggests that if gold reaches $5,000, Bitcoin could move as high as $155,000 based on previous market behaviour. But

Bitcoin and Gold Correlation: Why a $5,000 Gold Price Could

Citi explains why bitcoin-gold correlation is important to track

Bitcoin and Gold Correlation Hits Yearly High

Bitcoin Tilts Toward ‘Digital Gold’ as Correlation With - CoinDesk

What will Bitcoin price be if gold hits $5K? - Cointelegraph

Bitcoin’s Correlation To Gold Is Rising: What It Means