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Gold Correlation

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Crypto Markets React to Geopolitical Tensions and Market Volatility

Originally Published 2 months ago — by CoinDesk

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Source: CoinDesk

Bitcoin remains near $111,000 amid global risk aversion driven by China's trade measures, with its correlation to gold at a multi-year high, reinforcing the 'digital gold' narrative. The broader crypto market shows cautious stability after recent liquidations, with institutional demand and on-chain signals supporting long-term confidence despite short-term volatility influenced by macroeconomic and geopolitical factors.