By Bitcoinist - před 6 měsíci - Doba čtení: 3 minuty
Vzácná rallye: Bitcoin A Gold Revisit August Peaks
In a recent intraday trading session on a Friday, both Bitcoin and gold reached their highest values since August. Bitcoin surpassed $29,000, while the precious metal breached the $1,950 level. These price surges garnered attention and indicated renewed interest in both assets.
The simultaneous rally of Bitcoin and gold showcased the diverse investment choices available in the financial market and led to discussions about the factors driving these gains. Market dynamics were shifting, prompting analysis and speculation about the future trajectories of these assets.
V době psaní, Bitcoin byl obchodování za 29,706 USD, up 1.4% in the last 24 hours, and sustaining an impressive 10.6% rally in the last week, according to data by crypto market tracker Coingecko.
On Friday, gold reached a high of over 2,000 XNUMX $ za unci for the first time since early August as investors sought protection in the precious metal amid rising concerns about the potential spread of conflict in the Middle East following the Israel-Hamas war.
Deepening Correlation: Bitcoin And Gold’s 30-Day Trends
A look at the 30-day korelační koeficient between gold and the alpha coin showed that there has been a significant increase in the level of correlation between these two assets during the last week.
This heightened correlation signifies that their price movements have become more closely intertwined, suggesting that both Bitcoin and gold are responding to shared market dynamics or external factors in a more synchronized manner.
Tento vývoj jejich korelace je zvláště zajímavý pro investory a analytiky, protože vyvolává otázky o základních silách ovlivňujících tyto tradičně odlišné třídy aktiv a o tom, jak by jejich souhra mohla ovlivnit investiční strategie a řízení rizik.
Když k tomuto jevu dojde, znamená to, že ceny těchto dvou aktiv vykazují synchronní pohyb. Podle statistik IntoTheBlock je korelace aktuálně 0.04, což představuje téměř 100% tempo růstu za posledních sedm dní.
Korelace mezi Bitcoin and gold is dynamic and can fluctuate over time due to various factors. Both assets are often sought after during economic uncertainty, leading to a positive correlation when investors turn to them for diversification during market stress.
Factors Influencing The Shifting Ties Between Bitcoin A Zlato
However, the strength of their correlation can vary based on market sentiment, with Bitcoin’s unique characteristics, including 24/7 trading and technological associations, sometimes causing it to move independently of gold.
Specific events such as changes in interest rates, geopolitical tensions, and inflation concerns can also influence their correlation. Moreover, Bitcoin’s relative market maturity compared to gold adds to the evolving nature of their relationship.
Jeden důvod proč Bitcoin’s connection with gold has strengthened is because more big institutional investors are putting their money into Bitcoin-related investment assets, like Bitcoin důvěry.
Think of these trusts as a way to invest in Bitcoin without actually owning the cryptocurrency itself. The “fund market premium” is like the extra amount investors are willing to pay for these investment products compared to their underlying value.
In the past week, this premium for Bitcoin trusts has gone up by more than 10%, and it’s increased by 27% for the whole month. This suggests that institutions are pouring more money into Bitcoin-related investments, which is why we’re seeing a stronger link between Bitcoin a zlato.
Doporučený obrázek z TheStreet
Původní zdroj: Bitcoinje