Bitcoin's correlation with gold hints at return to haven status, BoA strategists say

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Bitcoin's correlation with gold hints at return to haven status, BoA strategists say
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The new data indicates a change from the cryptocurrency's tendency to move in lockstep with equities markets.

Investors may once again be seeing bitcoin as a “relative safe haven,” according to Bank of America digital assets strategists. New data indicates a change from the cryptocurrency’s tendency to move in lockstep with equities markets.

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