- 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 분 소요
Key Signal
0.22 Bitcoin-Nasdaq correlation
Entities
bitcoin, chainlink
Market Impact
BTC+0.29%$78,653
Last Updated
2일 전
번역 중…
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 holds steady near $78.6K despite $6B US Treasury debt buyback and Middle East tensions.
- Sep 9Analyst warns Bitcoin rally isn't over, here's where money is flowing
- Sep 9Crypto ETFs in 2026: Bitcoin, Ethereum and the Altcoin Wave Explained
- Sep 7Bitcoin’s Correlation With Nasdaq 100 Weakens as Link to Gold Strengthens
- Sep 9Bitcoin holds steady near $78.6K despite $6B US Treasury debt buyback and Middle East tensions.
- Sep 9Analyst warns Bitcoin rally isn't over, here's where money is flowing
- Sep 9Crypto ETFs in 2026: Bitcoin, Ethereum and the Altcoin Wave Explained
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Originally reported by en.bloomingbit.io
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Market Context
Bitcoin
BTC
$78,653
+0.29% (24H)
Market Cap
$1.58T
Circulating Supply
20.1M BTC
24H Volume
$34.5B
24H High
$79,739
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