#Correlation of #BTC with #gold reached a two-year high ššš
According to analytical platform Kaiko, the correlation of bitcoin (BTC) with gold reached a two-year high of 57%. The index is growing amid a weaker dollar, which is positively reflected in assets with limited issuance - such as the precious metal and the main #cryptocurrency
Since the beginning of 2023, bitcoin has risen 70%, thus winning the title of the best-performing asset of the first fiscal quarter. By comparison, the price of gold has risen 9.5 percent over the same period, while silver has risen just 0.3 percent.
The #CentralBank , naturally, will continue to have more confidence in GOLD šš»
