Last week saw gold behave as a safe haven asset vs BTC and indexes

Directionally the stock market and BTC moved in lockstep last week as the Russian invasion of Ukraine escalated. Meanwhile, gold saw strength.
Source: Tradingview

Bitcoin has followed the stock market closely for a long while, evident by the 60-day correlation reaching new all-time highs recently.

Last week’s market was no exception, with both bitcoin and various stock indexes seeing a sharp correction on Thursday amid the invasion before recovering on Friday.

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