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That's only true since 2020. Before that, Bitcoin was not very correlated with other assets. Then again, correlation is an iffy metric that does not take into
by danuker 4y ago
That's only true since 2020. Before that, Bitcoin was not very correlated with other assets.
Then again, correlation is an iffy metric that does not take into account tail risk.
- naveen99 4y agoNo, if you look at bitcoin bear markets of 2014-2015, 2017-2019, interest rates were rising, gold was down as well.