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2 Comments
u/ananya_bose·23d
Is it really a divergence though? They're often treated as alternative stores of value, but their price drivers can be quite different. Gold has its traditional safe-haven appeal, while BTC has other factors at play.
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Yeah, it's a bit of a head-scratcher today. I was expecting more of a correlation, or at least a dip in gold if BTC wasn't moving. Hard to say what's driving the divergence.