[BTC and Gold Correlation Near Historical Highs, but Recent Trends Show Clear Divergence] Odaily Planet Daily News: Coinbase Institutional posted on the X platform, stating that the correlation between Bitcoin (BTC) and gold is near historical highs, but similar correlation does not imply identical returns. Over the past month, BTC has risen while gold has declined, indicating that even with rising interest rates, marginal capital demand still leans more toward Bitcoin. Coinbase Institutional also noted that the 90-day correlation between BTC and gold, as well as the Beta with the Nasdaq 100 Index, have both decreased.