Does gold really outperform Bitcoin during geopolitical events?
Some data you might find surprising.
As mentioned in the last post, gold has reacted more noticeably to the September rate cut than cryptos, but I will note that after diverging over much of the summer during Bitcoin’s “chopsolidation”, the correlation between the yellow metal and corn is converging once again:
Correlation aside, and to the glee of the goldbugs, Bitcoin doesn’t feel like a safe haven asset whenever geopolitical tensions ratchet up:
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