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Is Bitcoin Repricing Itself as a Productive Asset?
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This story was originally published on HackerNoon at: https://hackernoon.com/is-bitcoin-repricing-itself-as-a-productive-asset.
Citrea co-founder Orkun Kilic on Bitcoin-gold correlation, the $1.2 trillion in idle BTC, and why growing up in Turkey changed everything about how he thinks.
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Bitcoin-gold correlation has collapsed to -0.88, its lowest reading since the FTX implosion. For Orkun Kilic, co-founder of [Citrea], this divergence is not noise. It is a signal about what Bitcoin is in the process of becoming.