Why Are Gold and Bitcoin Trading in Sync? | Presented by CME Group
Bloomberg Television·2025-09-17 18:23
[Music] When gold and crypto move together, it catches the eyes of traders. The first six months of the year marked the worst half-year performance for the dollar since 1991. As concerns about US fiscal strength and trade dampened the currency's status as a safe haven.Receding confidence in the dollar was driving investors to sell dollars and buy gold and in this instance, cryptos. Gold is known as the ultimate safe haven. But Bitcoin continues to build its reputation as digital gold.Bitcoin has been behavi ...