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Mmastodon BusinessCrypto first seen 4 h ago, last 1 h ago, peak #5

Bitcoin-gold correlation hits six-year high

Original: Bitcoin-gold correlation hits six-year high as BTC nears positive 2026 against gold Bitcoin's 90-day correlation with go

Bitcoin's 90-day correlation with gold has reached its highest level in six years, and BTC is roughly 3% away from turning positive against gold for 2026. The move suggests traders increasingly treat bitcoin as a store-of-value asset akin to gold, rather than a high-beta risk trade, fueling debate about whether the two assets are now moving as genuine havens.

Why now: The unusually tight correlation challenges the usual view of bitcoin as an uncorrelated risk asset, prompting debate among investors.

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