What drives Bitcoin? Results from long-term study from VAR model using weekly data. Shows Global Liquidity dominant factor. Gold plays a secondary role, revealing short-term negative correlation and long-term positive correlation.
Published Jan 19, 2026Updated Jan 19, 20262 min read
What drives Bitcoin? Results from long-term study from VAR model using weekly data. Shows Global Liquidity dominant factor. Gold plays a secondary role, revealing short-term negative correlation and long-term positive correlation.