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One of my colleagues, Adam Perlaky, manager of investment research for @goldcouncil in New York, put together a summary of how gold, NASDAQ and bitcoin performed in the Q4-18. 
It was a period of equity market weakness and we wanted to see any evidence of bitcoin behaving as a safe haven - one of the supposed reasons for holding the cryptocurrency.
Simply put, the price was highly correlated with the Nasdaq (69%), while the Nasdaq was negatively correlated with gold (-73%). Crypto behaved like a risky asset, specifically like a speculative tech stock.
