Ark Invest founder Cathie Wood pitched cryptocurrencies as “diversifiers” in the current market on Saturday, pointing to historical data showing gold price rallies before Bitcoin’s (CRYPTO: BTC) bull run.
What Do Gold Trends Signal For Bitcoin?
In an X post, Wood noted Bitcoin’s low correlation with gold returns since early 2020, citing research from her firm.
She also highlighted that gold price movements preceded the last two “significant bull moves” in Bitcoin’s price.
Also important to note is that the correlation between the bitcoin and gold prices has been 0.14 since early 2020, and that the gold price led the last two significant bull moves in the bitcoin price in the last two major cycles. https://t.co/kxZEHhbBVJ
— Cathie Wood (@CathieDWood) January 31, 2026
Wood Says Cryptos Are ‘Good Diversifiers’
In response to inquiries about where to invest in the current market, Wood suggested Bitcoin, Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) as “good …Full story available on Benzinga.com
