π Bitcoin's gold correlation hits 99.5th percentile Bitcoin's macro profile is shifting. Analyst Adam Livingston reports that BTC's 120-day correlation with gold has reached the 99.5th percentile of every reading recorded since 2020 β a historically extreme alignment between the two assets. At the same time, Bitcoin's 120-day realized volatility sits in the bottom fifth of its historical range, suggesting the asset is moving more like a store-of-value instrument than a high-risk speculative trade. Source
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π Bitcoin's gold correlation hits 99.5th percentile
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