$BTC $BTC
Bitcoin has a strong positive correlation of 0.70 with gold, distancing itself from technology stocks. It has a correlation of 0.53 with the Nasdaq 100.
♦️ The price of Bitcoin is approaching $95,000 after its best weekly performance since late 2024.
♦️ Despite the aggressive tariffs imposed by President Trump on China, which caused a slowdown in global goods shipments.