Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August

🚨 Bitcoin’s 90-day correlation with gold climbed above 50% amid a major price rally. 💰 Spot Bitcoin ETFs gathered $3.04 billion in inflows as BTC surged nearly 28% in August. 📉 At the same time, US federal debt hit $40 trillion, adding to investor anxiety. 🔎 Institutional demand in $BTC linked to macroeconomic risks and debasement concerns. Continue Reading:Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August The post Bitcoin’s correlation with gold hits 50% as ETFs add $3 billion in August appeared first on COINTURK NEWS.