Gate Research Institute: Analysis of the correlation between gold, Nasdaq index, and BTC price, and trading strategies.

Summary

• The price of BTC is highly volatile, exhibiting strong emotional drives and speculative properties. Its long-term correlation with traditional assets (such as gold and the Nasdaq) is relatively low, but during periods of drastic changes in Federal Reserve policy, particularly during tightening phases, the short-term correlation with the Nasdaq significantly increases.

• Gold demonstrates stable safe-haven properties, often rising against the trend during sharp fluctuations in BTC and the Nasdaq, showing good hedging potential;

• The NASDAQ index has a significant Granger causality relationship with BTC, and its movement can serve as a leading indicator for BTC, holding important trading reference value.

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