🚨BULLISH: Bitcoin's 90-day correlation with gold just climbed to +0.50, its highest level in nearly SIX YEARS. The last time it was this high was 2020, during the Covid stimulus era. At the same time, Bitcoin's correlation with the Nasdaq fell to around 0.30, a 1-year low, breaking the idea that it's just a leveraged tech bet. The shift followed the Treasury's move to ramp up buybacks of long-dated debt, which sent Bitcoin up 22.4%, its biggest weekly gain since March 2024, moving in lockstep with gold. Gold is a $30 TRILLION market. If Bitcoin keeps trading like it, the capital that prices gold could start pricing Bitcoin too, per Bitwise.(Coin Bureau)