Macro· ★★★· neutral·

Bitcoin-Gold Correlation Nears -0.9, Lowest in Three Years

  • —Bitcoin-gold correlation nears -0.9, the lowest reading in three years
  • —BTC holds above $80,000 as gold weakens under restrictive Fed policy
  • —Hammack: real rates, not inflation expectations, drove most of the Treasury yield rise
Why it matters: The divergence from gold may signal bitcoin's resilience to rate pressure, but a further rise in Treasury yields remains the key risk.
Source: Coin Edition