Benson Sun
Benson Sun|9月 06, 2026 03:25
The data in the previous post was up to this Tuesday, so here's an update. The 60-day correlation coefficient between BTC and gold has now reached 0.663, officially breaking the historical peak from November 2020. This is the highest point since BTC started trading in 2011. Plus, on 9/3 and 9/4, it closed above 0.65 for two consecutive trading days, setting new highs—not just a one-off spike. Bonus content: DXY and U.S. Treasury yields are diverging. Over the past three months, the 30-year Treasury yield has risen from 5.0% to 5.25%, briefly hitting 5.34% on 8/18—a new high since 2007. Normally, higher yields would attract more people to buy dollars, but during the same period, DXY fell from 101 to below 100. Yields are hitting new highs, but the dollar is dropping instead, indicating declining market confidence in the dollar. If "anti-devaluation trades" return to the spotlight, and BTC happens to hit a historical high in correlation with gold at this moment, this coincidence is definitely worth watching.
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