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

Monero (XMR) Hits a 7-Month High: What Happened and What’s Next?

Most major digital assets recorded minor losses over the past 24 hours, while the total crypto market capitalization fell slightly over the same period. The popular privacy token Monero (XMR) has defied current conditions, recording a double-digit increase and closing in on the prestigious top 10 club. Here’s what fueled the rally. Lead the winners … Read more