The short-term correlation between Bitcoin and gold has dropped to -0.54, a new low since February

Foresight News reports that, according to Glassnode monitoring, the short-term correlation between Bitcoin and gold has dropped to -0.54 over the past 30 days, reaching a new low since February. Meanwhile, the 90-day and 365-day correlations remain positive at 0.39 and 0.60, respectively.