@hugohff
There are periods when Bitcoin moves in tandem with the Nasdaq because both appeal to risk-on investors seeking growth and innovation exposure. Macroeconomic events like interest rate changes or liquidity injections can strengthen this correlation. Gold, however, behaves differently as a safe-haven asset. When risk-off sentiment dominates, gold tends to rise while Bitcoin may either fall with equities or, in rare cases, rise alongside gold if seen as digital gold. Over time, correlation shifts depending on which narrative dominates. Traders watch these dynamics closely to position portfolios for either speculative growth or defensive hedging.
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