Mmastodon BusinessCrypto first seen 6 h ago, last 3 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.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/40407