1 min read
Cathie Wood Sees Bitcoin Outperforming Gold Despite Recent Weakness
Wood also expects gold prices to fall. Bitcoin and gold have had a 0.1 correlation coefficient since 2019.

ARK Invest founder Cathie Wood expects Bitcoin (BTC) to outperform gold despite Bitcoin’s recent weakness.
Wood also expects gold prices to fall. Bitcoin and gold have had a correlation coefficient of 0.1 since 2019, and their prices have not consistently moved together.