💰Bitcoin’s 90-day correlation with gold has surged from nearly zero to over 50%.
➡️ Meanwhile, its correlation with the Nasdaq 100 has dropped from above 60% to about 33%.
➡️ According to Grayscale’s Zach Pandl, this shift signals growing interest in Bitcoin’s scarcity and its role as a store of value.
➡️ Mounting U.S. debt and expanding fiscal deficits are putting the “debasement trade” back in the spotlight.
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CryptoPulse
August 28, 2026 206 1
