Bitcoin’s correlation to gold hit a multi-year high of about 50%. BTC’s relationship with equity markets weakened amidst a deepening banking crisis. Bitcoin’s [BTC] price movement exhibited a strong resemblance to gold in the recent weeks, reinforcing the king coin’s long-supported narrative of being a safe-haven asset. How much are 1,10,100 BTCs worth today? As per
![Exploring Bitcoin’s [BTC] increasing correlation to gold amid banking turmoil](https://images.cryptocompare.com/news/default/ambcrypto.png "Exploring Bitcoin’s [BTC] increasing correlation to gold amid banking turmoil")
