The main driver behind this is the growing conflict between the U.S and Iran. The tension is spreading uncertainty across financial markets, and crypto investors are pulling back as global risk sentiment weakens.

For investors trying to make sense of the chaos, the most important data point right now is not the price. It is the correlation. Bitcoin is currently tracking gold at a 60% correlation, a figure that fundamentally changes how you should be reading every candle on the chart.

What a 60% Gold Correlation Actually Means

Correlation in financial markets is measured on a scale of -1 to +1. A reading of 0 means two assets move independently. A reading of +1 means they move in perfect…

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