EconomyBitcoin’s volatility ratio against gold collapses to six-year low as safe-haven turbulence surges
Bitcoin’s 90-day correlation with gold has risen to about 0.55, its highest in nearly six years. With Bitcoin volatility at 36.2% and gold at 25.3%, their volatility ratio has narrowed to 1.43 from 5.6 in 2021. Gold plunged amid rising Treasury yields and rate-hike expectations, while Bitcoin held near $77,000 before rebounding above $80,000.
Bitcoin’s volatility ratio against gold collapses to six-year low as safe-haven turbulence surges
Economy