After Trump’s election victory, Bitcoin and gold correlation has fallen to its lowest level in nearly a year. The correlation between Bitcoin and gold stands at -0.36, its lowest level since December 2023. This suggests that investors favor Bitcoin over traditional safe-haven assets like gold. This trend indicates that Bitcoin is gaining recognition as a hedge against inflation and economic uncertainty, attracting institutional and retail investors.
Gold may be losing traction as some investors reallocate funds to Bitcoin, drawn by the prospect of higher returns in the digital asset space.
