#AppleCryptoUpdate

🤔 Does Gold Pass the Baton to Bitcoin?

Gold and Bitcoin negatively correlate with each other.

The Sharpe ratio shows how they take turns leading.

It seems that it may now be Bitcoin's turn to lead: its Sharpe ratio is -0.40, while Gold's is 1.33.

Director of Global Macroeconomic Analysis at investment company Fidelity Investments.