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Maria Fatima
Maria Fatima
One BTC now can buys about 18.1 oz of gold, the highest ratio since January. The more interesting part is how they got there together. On Bitwise's 90-day measure, BTC's correlation with gold rose above 0.5, its highest since 2020, after sitting near zero earlier this year. The latest convergence coincided with stress in the bond market: long-end Treasury yields #HammackBacksHike #BTCGoldRatioHigh #OKXOutcomeLeagueFOMC

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