✉news BusinessCrypto first seen 19 h ago, last 10 h ago, peak #17
Bitcoin Jumps 36% Since August 18 as Gold and Stocks Stall
Original: Bitcoin Surges 36% Since August 18 While Gold and Stocks Remain Stagnant: A Shift in Correlation?
Bitcoin has risen roughly 36% since August 18, while gold and major stock indexes have barely moved over the same period. The sharp divergence is prompting analysts to question whether bitcoin's usual correlation with risk assets and safe-haven gold is breaking down. Some see the rally as renewed independent demand for crypto; others caution it may be a short-lived move.
Why now: Bitcoin's strong rally against stagnant gold and equities is fueling debate about a changing correlation with traditional assets.
Rank over time, top of the chart is #1. 2 snapshots from 11 h ago to 10 h ago.
Evidence
- Bitcoin Surges 36% Since August 18 While Gold and Stocks Remain Stagnant: A Shift in Correlation? · 24/7 Wall St.
API: https://socialmediatrends-api.osmike.com/v1/trends/2704