Tag: 2Year

Bitcoin Emerges As Safe-Haven Asset With Correlation To Gold At 2-Year High

Bitcoin Emerges As Safe-Haven Asset With Correlation To Gold At 2-Year High

Bitcoin, the digital currency that was once considered a volatile investment, has found a surprising ally in the form of an age-old commodity: gold. Since March, the correlation between the alpha cryptocurrency and the precious metal has steadily increased, providing investors with a safe haven Read More

Transaction Activity At 2-Year High

Transaction Activity At 2-Year High

Data shows that Bitcoin’s average transaction count has risen to the highest level since April 2021, indicating that the asset’s price may be on the rise. Bitcoin transactions are happening at an average rate of 309,500 per day According to Glassnode’s latest weekly report, the Read More