CryptoQuant: The correlation between Bitcoin and gold has fallen to a new low

2026-03-18 19:04:44

Collection

CryptoQuant posted on social media that the correlation coefficient between Bitcoin and gold has dropped to -0.88, setting a new low.

This means that the two show a strong negative correlation trend, with capital flowing into Bitcoin pushing its price up to $74,000, while gold has seen a slight decline.

(Source Link)

Risk warning

Related tags

BTC gold negative correlation trend

2026-05-16 04:00

Data: BTC total network contract open interest decreased by 5.26% in 24 hours

2026-05-16 02:42

Data: If BTC breaks through 83,119 USD, the cumulative short liquidation intensity on mainstream CEX will reach 2.069 billion USD

2026-05-16 02:30

Data: In the past 24 hours, the total liquidation across the network was 470 million USD, with long positions liquidated at 390 million USD and short positions liquidated at 79.9421 million USD

2026-05-16 00:30

Related tags

BTC gold negative correlation trend