Odaily Planet Daily reports that PlanB posted on the X platform stating that the current historical correlation between BTC at 87,500 USD and stocks at 6,900 USD and gold at 4,500 USD has diverged. Similar situations occurred when BTC was below 1,000 USD, after which BTC’s price increased tenfold. PlanB pointed out that the correlation could also be broken, and whether the current situation is different remains to be seen over time.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
PlanB: BTC is currently disconnected from the historical correlation with stocks and gold
Odaily Planet Daily reports that PlanB posted on the X platform stating that the current historical correlation between BTC at 87,500 USD and stocks at 6,900 USD and gold at 4,500 USD has diverged. Similar situations occurred when BTC was below 1,000 USD, after which BTC’s price increased tenfold. PlanB pointed out that the correlation could also be broken, and whether the current situation is different remains to be seen over time.