Is Bitcoin the one true safe haven, Geckos? The largest cryptocurrency Bitcoin reflected tightening correlation with gold throughout price movements in March amid the banking crisis. The correlation between the two assets currently stands around 50%, representing the strongest correlation in more than a year. Over the past month, Bitcoin has rallied 25% to around $28,000, while gold has risen over 8%, nearing an all-time high of $1,988 per troy ounce. In today's news, Gucci collaborates with Yuga Labs, PancakeSwap launches its Version 3, and South Korean authorities clamp down on former Terra employees. Read on! |
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