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Cathie Wood: The correlation between Bitcoin and gold has always been very low. She recommends investing in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana, and others to diversify your portfolio and take advantage of the potential growth in the digital asset space.
PANews February 1 News, ARK Invest founder Cathie Wood stated on the X platform that contrary to the current mainstream view, BTC, ETH, Solana, and hyperliquid might be good diversification options. Since early 2020, the correlation between Bitcoin prices and gold prices has remained very low, at only 0.14. Gold has outperformed Bitcoin in the past two Bitcoin bull markets.