Deep Tide TechFlow News, February 01, ARK Invest founder and CEO Cathie Wood posted on social media that contrary to the current market consensus, Bitcoin, Ethereum, Solana, and possibly Hyperliquid are good diversification tools for investment portfolios. She pointed out that since early 2020, the correlation between Bitcoin and gold prices has been very low, only 0.14, and in the past two Bitcoin bull markets, gold prices led Bitcoin.
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Deep Tide TechFlow News, February 01, ARK Invest founder and CEO Cathie Wood posted on social media that contrary to the current market consensus, Bitcoin, Ethereum, Solana, and possibly Hyperliquid are good diversification tools for investment portfolios. She pointed out that since early 2020, the correlation between Bitcoin and gold prices has been very low, only 0.14, and in the past two Bitcoin bull markets, gold prices led Bitcoin.