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Marosh Fatima
Pharaoh's Market Watch]
Everyone is asking Pharaoh, why is BTC suddenly moving in sync with gold? The data is right in your face: the 90-day correlation between Bitcoin and gold has just surged to +0.50, the highest since the 2020 pandemic, more than doubling since the start of the year.
There are only two words behind this script—U.S. debt. On August 19, the U.S. Treasury announced it would double the scale of long-term bond repurchases, signaling that "financial repression" might be returngh
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