<ul><li>Bitcoin’s correlation with gold has reached its highest level since March 2024, indicating its role as a hedge against macroeconomic uncertainty.</li><li>Ethereum's correlation with gold remains minimal and insignificant, as it operates more as a speculative asset driven by growth and innovation in its ecosystem.</li><li>Recent data shows net outflows from Ethereum spot ETFs, reflecting varying market sentiment towards Ethereum compared to the growing favor for Bitcoin.</li><li>The rising correlation between Bitcoin and gold may solidify Bitcoin's status as 'digital gold,' while Ethereum's future will be shaped by developments within its platform.</li></ul>

Bitcoin’s Correlation With Gold Hits Highest Level Since March, While Ethereum Lags Behind

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