Gold skyrocketed, breaking through 3450 USD. Can Bitcoin break free from the "tightening spell" of US stocks?Written by: Luke, Mars Finance
On April 22, 2025, the financial markets witnessed a "flight to safety". The spot gold price surged past $3,450 per ounce, setting a historic high, with an increase of over $820 within the year. Meanwhile, New York futures gold broke through the $3,500 mark, making the market hold its breath just a step away from spot gold. As for Bitcoin (BTC), this asset dubbed as "digital gold", can it, like gold, break free from its high correlation with US stocks and carve out its own independent trend? This article will start from the logic of gold's rise, combine the correlation trends between Bitcoin and gold, and delve into this issue.
The "Madness" of Gold: The "Waterloo" of Dollar Credit
The surge in gold prices is like a signal flare, illuminating the dark corners of the global financial market. On April 22,
TechubNews·2025-04-23 09:52