Bitcoin-Gold Link Hits 6-Year High as Tech Correlation Fades: Why It Matters

Bitcoin-Gold Link Hits 6-Year High as Tech Correlation Fades: Why It Matters

The correlation between the leading cryptocurrency and the largest financial asset, gold, has reached its highest level since the 2020 pandemic, while its relationship with the Nasdaq has weakened significantly. The move comes as concerns over debt, deficits and currency devaluation return to the forefront following the latest developments in the United States. Closer to … Read more

XRP’s 70% rally fades: here’s the level that could decide what happens next

Ripple’s cross-border token has seen one of the most impressive rallies over the past 10-12 days, rising from just under $1.00 to a multi-month high of $1.70. However, this major rally has been halted and momentum has faded, with the asset currently struggling to hold at $1.40, representing a 20% pullback from last Saturday’s high. … Read more