๐ Bitcoin-Gold Correlation Reaches Six-Year High
The 90-day correlation between Bitcoin and gold has surged to its highest level in six yearsโmatching the intensity seen in 2020โwhile its link to traditional stocks has weakened. According to Bitwise Chief Research Officer Henrik Andersson, this shift reflects macroeconomic developments in August.
Following increased U.S. Treasury bond purchases, Bitcoin climbed 22.4%, gold rose 5%, and equities declined. Investors are increasingly turning to both assets as hedges against currency devaluation, with Bitcoin increasingly viewed as a more volatile, high-conviction counterpart to gold.
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September 4, 2026 13.1K 1
