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2020-01-10 13:57:15

Gold Correlation With Bitcoin is at 4 Year High, And It’s a High Bullish Sign

The correlation between gold and bitcoin has reached its highest levels since August 2016, according to a new study. Arcane Research, a cryptocurrency-focused data analysis firm, noted a steep direct proportionality between the two rival assets. In a report published on Friday, the firm mentioned that the correlation was “below zero just half a year... The post appeared first on NewsBTC.