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Bitcoin's Correlation with Gold Hits Six-Year High Amid Macro Uncertainty

Summary by Blockonomi
TLDR: Bitcoin-gold correlation hits its highest level since 2020, per Bitwise Asset Management data.  Bitcoin surged 22.4% weekly after Treasury Secretary Bessent’s bond market intervention in August.  Bitcoin’s correlation with the Nasdaq-100 dropped to a one-year low, weakening its risk-asset label.  Gold’s $30 trillion market could reprice bitcoin if the correlation trend with debasement hedging [...]
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The US crypto asset (virtual currency) management company Bitwise Asset Management (Bitwise Asset Management) related to Bitcoin (BTC) and gold on 9/2... The post correlation between bitcoin and gold, high level since 2020 = Bitwise first reported on NADA NEWS (NADA NEWS).

After interventions on the US bond market, Bitcoin and gold are now on the same path. Correlation has reached the highest level since 2020 – with important consequences for investors. Source: BTC-ECHO BTC-ECHO

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Thursday, September 3, 2026.
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