- Bitcoin’s correlation with technology stocks has weakened, while its correlation with gold has strengthened.
- According to Glassnode, Bitcoin’s 90-day correlation coefficient with the Nasdaq 100 index fell to 0.22 from 0.57 in March.
- Over the same period, Bitcoin’s 90-day correlation with gold rose to 0.57 from 0.21, reinforcing a trend of price moves increasingly moving in line with gold.
Bitcoin’s Correlation With Nasdaq 100 Weakens as Link to Gold Strengthens
Bitcoin has become less closely correlated with technology stocks since March, while its correlation with gold has strengthened.
en.bloomingbit.io
Publisher
Sep 7, 2026 at 3:12 PM UTC · 1 分で読める
Key Signal
0.22 Bitcoin-Nasdaq correlation
Entities
bitcoin, chainlink
Market Impact
BTC+0.59%$79,005
Last Updated
2日前
Forecast Trend Report by Period
Bitcoin has become less closely correlated with technology stocks since March, while its correlation with gold has strengthened.
Glassnode said on September 7 that Bitcoin’s 90-day correlation coefficient with the Nasdaq 100 index had fallen to 0.22 from 0.57 in March.
Over the same period, Bitcoin’s 90-day correlation with gold climbed to 0.57 from 0.21. Compared with March, that means Bitcoin’s correlation with the Nasdaq 100 and gold has essentially reversed.
Recent price moves suggest Bitcoin is increasingly decoupling from tech stocks while moving more in line with gold.
Follow the Story
- Sep 7Bitcoin’s Correlation With Nasdaq 100 Weakens as Link to Gold Strengthens
- Sep 9Bitcoin Price Forecast: BTC recovery slows as cautious mood grows
- Sep 9Crypto News: Iran Turns to Bitcoin and USDT Under U.S. Sanctions
- Sep 9‘I Am The House Now’—Bessent Issues Serious Warning As Bitcoin And Crypto Brace For A Massive Price Shock
- Sep 7Bitcoin’s Correlation With Nasdaq 100 Weakens as Link to Gold Strengthens
- Sep 9Bitcoin Price Forecast: BTC recovery slows as cautious mood grows
- Sep 9Crypto News: Iran Turns to Bitcoin and USDT Under U.S. Sanctions
- Sep 9‘I Am The House Now’—Bessent Issues Serious Warning As Bitcoin And Crypto Brace For A Massive Price Shock
Sourced by
Originally reported by en.bloomingbit.io
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$79,061
+0.67% (24H)
Market Cap
$1.59T
24H Volume
$29.5B
24H High
$79,739
Article Intelligence
Related Coverage
CryptoBitcoin just hit a decade-low S&P 500 correlation, but the daily data tells a different story1時間前 · 5 min read
CryptoBitcoin hosting firm Bitari files for $30m Nasdaq IPO1時間前 · 2 min read
CryptoCrypto Today: Bitcoin, Ethereum, XRP regain strength as US Treasury doubles down on buybacks27分前 · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
