BTC-gold correlation hits lowest level since November 2022

The correlation between Bitcoin and gold has fallen to -0.88, its lowest level since November 2022, indicating the two assets are moving in opposite directions, CryptoQuant reported via its official X account. Currently, BTC is trading at $73,940.29 on the Binance USDT spot market, up 0.04% from yesterday. Spot gold is trading at $4,969.195, down 0.72% over the same period.