Gold Rally Often Comes Before Bitcoin’s Big Move, According to Cathie Wood
The post Gold Rally Often Comes Before Bitcoin’s Big Move, According to Cathie Wood appeared on BitcoinEthereumNews.com.
Bitcoin Gold continues to dominate global markets, climbing to around $4,966 at the time of writing and reinforcing its status as the preferred hedge amid persistent macro uncertainty. Key Takeaways Gold jumped to about $4,966 while Bitcoin is hovering just below $70,000. Cathie Wood says gold and Bitcoin have low correlation, with gold rallies often coming first. Gold ETF inflows remain strong, signaling sustained investor demand. Bitcoin, by contrast, is trading just below $70,000 after a period of sharp swings, leaving investors debating whether crypto is falling behind or simply consolidating. While both assets are often grouped together as alternatives to fiat currencies, their price behavior in recent years tells a more nuanced story. Cathie Wood: Gold and Bitcoin Don’t Move Together According to Cathie Wood, Bitcoin and gold have shown surprisingly little overlap in their price movements. Since 2019, the correlation between the two has hovered around just 0.14, suggesting they tend to respond to different market forces despite similar narratives around scarcity and protection against inflation. BITCOIN ISN’T TRACKING GOLD … AND THAT’S THE SIGNAL Cathie Wood says:– Bitcoin and gold have had a 0.14 correlation since 2019– Gold has surged while Bitcoin is ~50% off its peak– Historically, major gold moves have preceded large Bitcoin rallies pic.twitter.com/ybi5PZih87 — Ark Invest Tracker (@ArkkDaily) February 7, 2026 Wood also points to a recurring historical pattern – major gold rallies have often occurred before large Bitcoin advances, rather than alongside them. In past cycles, gold strength has acted as an early signal, with Bitcoin following later once risk appetite returned. ETF Inflows Highlight Strong Gold Demand Investor behavior appears to support that thesis. Holdings in the largest physically backed gold ETF, SPDR Gold Trust ($GLD), have risen to approximately 34.9 million troy ounces, the highest level since May 2022. Since…
Filed under: News - @ February 7, 2026 8:24 pm