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Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High

Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High – Decrypt

‘s correlation with gold has just hit its highest level in the last 12 months this week, as investors have been lured by a strong dollar amid rising interest rates . While Bitcoin has long been hailed as a ” digital gold ” and a hedge against inflation, like the yellow metal, it appears that investors disagree.








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