According to Protos, the 90-day price correlation between BTC and gold has risen to 0.56, surpassing the previous high of around 0.50 from November 2020, marking the highest level since most data providers began tracking in 2017. Meanwhile, the 90-day correlation between BTC and the Nasdaq 100 has dropped to around 0.30, hitting a one-year low. Looking at the 30-day window, BTC's correlation with gold has further climbed to 0.72, while its correlation with the Nasdaq Composite Index is only about 0.22. Since August, capital flows surrounding the "currency devaluation trade" have reignited BTC's "digital gold" narrative. https://(wublock123.com)/news/btc-gold-90-day-price-correlation-0-56-67966