Posteo

BTC IS STARTING TO TRADE LIKE GOLD — AND THAT’S A BIG DEAL. Something unusual is happening. Bitcoin’s 90-day correlation with gold has jumped to +0.50, its highest level since the 2020 pandemic — and more than double where it started the year. So what’s driving it? U.S. debt. With U.S. debt now above $40T and concerns around Treasury yields, liquidity, and currency debasement growing, investors are increasingly looking toward assets that can’t simply be printed. #DailyOrbit