Bitcoin2026-10-02 07:40:37Fidelity’s Jurrien Timmer Calls Bitcoin a Key Low-Correlation DiversifierJurrien Timmer, global macro director at Fidelity Investments, has described Bitcoin as a key portfolio diversification asset. According to the brief cited by Techub News, Timmer said Bitcoin has relatively low correlation with stocks and near-zero correlation with long-term U.S. Treasury bonds. The item was attributed to U.Today. The comment places Bitcoin in the context of asset allocation rather than short-term price action, with the focus on its correlation profile versus traditional financial assets.130
Bitcoin2026-09-30 11:37:44Bitcoin’s link to a stronger dollar may be weaker than many assume, analysis saysA stronger U.S. dollar is often treated as a headwind for Bitcoin and other dollar-priced assets such as gold. The usual logic is straightforward: when the dollar rises, debt servicing costs increase for borrowers with dollar liabilities, which can reduce appetite for risk assets. But fresh analysis cited by BlockBeats suggests that the market may be overstating how much the dollar actually drives Bitcoin’s day-to-day moves. Since Sept. 9, the U.S. Dollar Index has climbed about 2.6% and touched 101.69 on Tuesday, its highest level in two months. Over a similar period, Bitcoin pulled back from nearly $87,500 on Sept. 21 to the $83,000-$84,000 range. Even so, TradingView data showed that over the past 90 trading days, the correlation coefficient between Bitcoin and the dollar index was -0.41, while the coefficient of determination was only 0.17, meaning the dollar index explained roughly 17% of Bitcoin’s daily return fluctuations. The report also noted that the 30-day correlation reading of -0.45 was heavily influenced by two outsized sessions, Aug. 19 and Sept. 3, when Bitcoin rose more than 5% and the dollar index fell. Removing those two days lowered the figure to -0.19. Over a longer horizon, the average 90-day correlation since January 2020 was only -0.14, and it even rose to +0.22 in November 2024.260
Bitcoin2026-09-29 12:57:22Coinbase Institutional says BTC-gold correlation is near historic highs as returns divergeCoinbase Institutional said on X that Bitcoin’s correlation with gold is close to historic highs, while cautioning that similar correlation does not mean the two assets deliver the same returns. The firm pointed to a clear split over the past month: BTC rose, while gold fell. In its view, that suggests marginal demand is still leaning toward Bitcoin even as interest rates move higher. Coinbase Institutional also said two indicators have moved lower at the same time. The 90-day correlation between BTC and gold has declined, and Bitcoin’s beta versus the Nasdaq 100 index has also fallen. The update highlights that BTC can still trade differently from traditional macro assets even when headline correlation remains elevated.320
Bitcoin2026-09-25 11:02:59Bitfinex says BTC traded more like gold than traditional risk assets when US 10-year yield hit 5%Bitfinex said in a chart-based analysis published on Sept. 25 that Bitcoin behaved more like gold than a traditional risk asset when the US 10-year Treasury yield reached 5%. The exchange pointed to two correlation readings in support of that view. According to the data it cited, BTC’s correlation with gold has risen to 0.52, while the correlation between BTC and daily changes in Treasury yields has turned negative. The note frames Bitcoin’s recent market behavior through its relationship with gold and bond-yield moves, rather than through the lens typically used for broader risk assets. No additional timeframe or methodology details were provided in the brief update.290
Bitcoin2026-09-12 12:03:16Bitcoin’s correlation with gold climbs as its Nasdaq-100 link weakensUnchained said bitcoin and gold have moved much closer together over the past six months, raising questions for investors who have treated the two assets as separate hedges against fiscal excess and currency debasement. In Thursday trading, producer prices remained hot, while gold, bitcoin and the Nasdaq-100 each fell more than 1%. The 30-year U.S. Treasury yield closed at 5.37%, its highest close since the Treasury resumed issuing the bond in 2006. Using daily price data going back to 2019, Unchained found bitcoin’s four-month correlation with gold had risen to 0.56 from about 0.22 in March. Over the same period, bitcoin’s correlation with the Nasdaq-100 fell from 0.54 to 0.36. The report said that marked the highest reading in its dataset since 2019, with the prior peak in November 2020. It also noted that published readings this month start at 0.50, while Bitwise has described the current level as the highest in nearly six years. The article added that methodology matters: whether calculations use daily returns or price levels, what lookback window is chosen, and which gold contract is used can all change the result.800
Bitcoin2026-09-07 15:59:57Bitwise: Bitcoin Shows Lower Correlation to 10-Year Treasury Yield Than GoldBitwise data reveals that Bitcoin has a lower correlation to the 10-year U.S. Treasury yield than gold, showing greater resilience during bond market declines. In late August, the 90-day rolling correlation between Bitcoin and gold rose above 0.5, the highest since 2020, as U.S. federal debt surpassed $40 trillion. The Treasury doubled its long-term bond buyback program to $4 billion, and Bitcoin surged 22.4% in a week. Analysts attribute gold's high correlation to its role in institutional fixed-income portfolios, while Bitcoin remains outside traditional yield models.810
Bitcoin2026-09-07 13:57:51Bitcoin’s 90-day correlation with gold rises to 0.56 as Nasdaq linkage weakensBitcoin’s correlation with gold has climbed to a fresh high in the current data series, while its relationship with major U.S. equity indexes has weakened. According to ChainCatcher, BTC’s 90-day price correlation with gold rose to 0.56, above the previous peak of about 0.5 seen in November 2020 and the highest level recorded by most data providers since they began tracking the metric in 2017. Over the same period, BTC’s 90-day correlation with the Nasdaq 100 fell to around 0.3, its lowest point in a year. On a shorter 30-day window, the link between BTC and gold increased again to 0.72, while its correlation with the Nasdaq Composite stood at only about 0.22. ChainCatcher said capital flows tied to the “currency debasement trade” since August have reinforced Bitcoin’s “digital gold” narrative.790
Bitcoin2026-09-07 13:30:04Bitcoin’s 90-day correlation with gold climbs to its highest level in nearly nine yearsBitcoin’s 90-day price correlation with gold has risen to +0.56, according to Protos, marking the highest reading since most data providers began tracking the metric in January 2017 and topping the previous +0.5 high recorded in November 2020. Over the same period, Bitcoin’s 90-day correlation with the Nasdaq 100 fell to about +0.30, its lowest point in a year. The report says the shift has revived the "digital gold" case for BTC while weakening the view that the asset simply trades as a leveraged version of large-cap tech. Bitwise Asset Management said the argument that Bitcoin is "just a leveraged tech investment" may not hold, while Bloomberg’s senior ETF analyst said a six-month comparison showed BTC was less correlated with US stocks than gold, a result he said "blows up the claim" that Bitcoin is "just QQQ." On a shorter 30-day basis, BTC’s correlation with gold rose even higher to +0.72, while its correlation with the Nasdaq Composite dropped to 0.22. Protos also linked a recent jump in gold and BTC together to US Treasury Secretary Scott Bessent’s bond buybacks under what it described as "QE Lite."870
