According to Eric Balchunas, Bitcoin (BTC) needs to be less volatile and less correlated to equities to credibly challenge gold, and he notes that today's market action helped on the decoupling front. Source: Eric Balchunas on X — https://twitter.com/EricBalchunas/status/1969127116437344330 — Sep 19, 2025. He adds that BTC must shake its high-beta tech stock reputation, guiding traders to focus on correlation and volatility metrics when evaluating BTC's store-of-value positioning versus gold. Source: Eric Balchunas on X — https://twitter.com/EricBalchunas/status/1969127116437344330 — Sep 19, 2025.

According to @rovercrc, Bitcoin is decoupling from gold, flagging a potential regime shift that traders should verify with objective market data, source: @rovercrc on X. To confirm decoupling, monitor a declining 20–30 day BTC–Gold rolling correlation and a breakout in the BTC/XAU ratio to identify trend strength, source: CME Group education on correlation; TradingView BTC/XAU charts. Track Bitcoin dominance (BTC.D) to see if inflows are BTC-specific rather than broad risk-on, which helps position sizing across BTC vs altcoins, source: TradingView BTC.D index; CoinMarketCap dominance methodology. Watch CME Bitcoin futures basis and open interest for signs of leverage expansion or hedging pressure as the correlation regime changes, informing timing and risk, source: CME Group Bitcoin futures market data.

According to @Andre_Dragosch, the worst bear market in US Treasuries alongside the post-Ukraine weaponization of USTs has accelerated a rotation into hard assets, with gold’s share of international reserves at multi-decade highs (source: @Andre_Dragosch). He states Bitcoin’s correlation to US Treasuries has collapsed to record lows while global banks, sovereign wealth funds, and institutions disclosed meaningful allocations to Bitcoin ETFs via 13F filings, signaling growing institutional adoption that matters for liquidity and price discovery (source: @Andre_Dragosch). He highlights three trading-relevant advantages of BTC versus gold in a bond-focused portfolio: lower interest-rate sensitivity, tendency to outperform gold on down days for Treasuries, and reduced portfolio volatility and drawdowns when small BTC allocations are added to sovereign bond exposures (source: @Andre_Dragosch). He adds that while gold remains the stronger hedge versus equity risk, BTC is increasingly treated as an alternative reserve asset and a sovereign bond hedge, with examples including discussions by the Czech National Bank on BTC as a diversifier, Brazil’s proposal for a Strategic Bitcoin Reserve, and a US Executive Order that set a framework for digital assets (all as reported by @Andre_Dragosch) (source: @Andre_Dragosch). Trading takeaway: monitor BTC–UST correlation regimes, track 13F-reported ETF flows for positioning signals, and consider small BTC sleeves as a hedge to duration drawdowns in sovereign bond portfolios while maintaining gold for equity-hedge characteristics (source: @Andre_Dragosch).

According to Santiment, Bitcoin’s market value has dropped 5.9% since Aug 22 while the S&P 500 is up 0.4% and gold is up 5.5% over the same period, source: Santiment on X Sep 4 2025 and app.santiment.net/s/3Y7dSZez. Santiment states that since early 2022 cryptocurrencies have shown elevated correlation with equities as institutions added exposure alongside stocks, source: Santiment on X Sep 4 2025. In such two-week divergences, Santiment expects Bitcoin and altcoins to have a high probability of playing catch-up after trailing broader market trends for a sustained period, source: Santiment on X Sep 4 2025 and app.santiment.net/s/3Y7dSZez. Santiment adds that a larger gap between equities and BTC strengthens the case for an upcoming crypto bounce and recommends monitoring the correlation via its chart, source: Santiment on X Sep 4 2025 and app.santiment.net/s/3Y7dSZez.

According to @StockMKTNewz, all seven mega-cap tech stocks known as the Magnificent 7 finished the day lower, marking a synchronized red close across the group on September 2, 2025. source: https://twitter.com/StockMKTNewz/status/1962969865708327394 According to @StockMKTNewz, the Magnificent 7 refers to AAPL, MSFT, NVDA, AMZN, GOOGL, META, and TSLA, a cohort widely tracked for market leadership in US equities. source: https://twitter.com/StockMKTNewz/status/1962969865708327394 and https://www.nasdaq.com/articles/what-are-the-magnificent-seven-stocks According to @StockMKTNewz, crypto traders should note that equity risk moves can spill over, though recent research shows BTC’s correlation with US stocks has been unusually low through much of 2024, implying any transmission could be muted. source: https://twitter.com/StockMKTNewz/status/1962969865708327394 and https://kaiko.com/research

According to analyst André Dragosch, traders should be cautious about relying on the inverse correlation between Bitcoin (BTC) price and USDT Dominance for market predictions. Dragosch presents an analysis suggesting this popular trading indicator might be a fallacy, similar to the often-cited but potentially spurious correlation between BTC and the US M2 Money Supply (source: @Andre_Dragosch). While charts show that a rising USDT Dominance has often preceded BTC price drops, Dragosch implies that drawing direct causal links is an oversimplification. He suggests that, like the M2 correlation, the relationship with USDT Dominance may be influenced by broader factors such as overall market liquidity and risk appetite, rather than being a straightforward predictive tool (source: @Andre_Dragosch). This serves as a warning to traders to avoid basing strategies solely on this single metric.

According to Crypto Rover, global liquidity has reached its bottom, and there is an 80% correlation between Bitcoin's price movements and global liquidity levels. This correlation suggests that Bitcoin may be poised for a reversal, making it a significant consideration for traders analyzing current market conditions.

According to Crypto Rover, Bitcoin is currently moving in strong correlation with the stock market, specifically the S&P 500. The recent dip in Bitcoin's value is attributed to a rejection in the S&P 500, suggesting the need for a bullish reclaim to stabilize the market. This highlights the importance of monitoring stock market trends for Bitcoin traders.

According to Miles Deutscher, the cryptocurrency market is currently exhibiting its strongest correlation with technology stocks. This suggests that, as of now, cryptocurrencies are behaving more like risk assets rather than 'digital gold'. Traders should consider this correlation as it implies that crypto investments may react to market conditions affecting tech stocks, potentially increasing volatility in the crypto market. (Source: Miles Deutscher via Twitter)

According to IntoTheBlock, the correlation between Bitcoin and altcoins has been decreasing over the past week. This trend often indicates that Bitcoin is becoming a 'safe haven' asset, attracting more inflows, while altcoins lag behind. Traders might consider reallocating portfolios towards Bitcoin as it shows relative strength in the current market environment.

According to IntoTheBlock, Bitcoin and Ether are exhibiting a high correlation with the US stock market. This trend is attributed to macroeconomic concerns, particularly those related to tariffs, which are currently exerting downward pressure on the markets.

According to Michaël van de Poppe, the correlation between Ethereum (ETH) and Gold is significant, similar to its correlation with yields and the DXY index. If Gold enters a 6-12 month bear market, it could trigger a risk-on environment for altcoins, particularly those generating revenue. This suggests potential trading opportunities in revenue-generating altcoins as the market dynamics shift.

According to Crypto Rover, the U.S. stock market is currently experiencing a significant downturn, which is concurrently affecting Bitcoin, causing its prices to fall. Traders should monitor this correlation closely as the stock market's performance can have a substantial impact on Bitcoin's price movements.

According to The Kobeissi Letter, gold's year-to-date (YTD) returns have more than doubled those of the S&P 500, despite the two assets rising concurrently. In 2024, the correlation between gold and the S&P 500 reached an unprecedented level of approximately 0.81, suggesting a notable shift in market dynamics. This correlation highlights the potential for synchronized market movements and may influence trading strategies focused on diversification and risk management.

According to @KobeissiLetter, gold has more than doubled the S&P 500's year-to-date (YTD) return, while both have risen together, showing an unprecedented correlation of approximately 0.81 in 2024. This unique correlation between gold and the S&P 500 is significant for traders looking to diversify their portfolios. The simultaneous rise suggests potential strategic adjustments for investors considering hedging against market volatility. Source: @KobeissiLetter.

According to Crypto Rover, U.S. tech stocks are experiencing significant gains, suggesting that Bitcoin may follow suit. This observation highlights a potential correlation between the performance of tech stocks and Bitcoin's price movements, which traders should monitor closely for potential trading opportunities.

According to IntoTheBlock (@intotheblock), Bitcoin's correlation with the S&P 500 has dropped to zero, indicating no current linkage between the two markets. This lack of correlation could impact trading strategies as it suggests Bitcoin is currently moving independently of traditional stock markets. Such a low correlation was last observed on November 5th, 2024, preceding a significant price surge of Bitcoin past the $100,000 mark.

According to IntoTheBlock, Bitcoin's correlation with the S&P 500 is currently notably high, contrasting with its low correlation with the US dollar index. This pattern is aligned with the observed crypto market weakness following the recent US tariffs news, suggesting that Bitcoin's price movements are increasingly influenced by equity market trends rather than currency fluctuations.

According to Reetika (@ReetikaTrades), the performance of altcoins is often correlated, suggesting that individual altcoins are unlikely to outperform the market significantly without a stronger holder base. This implies that traders should consider the broader market trends rather than focusing solely on individual altcoins.

According to Lookonchain, an interesting pattern has been observed where each time Bitcoin ($BTC) reaches $100K, Ethereum ($ETH) has progressively decreased in value, from $3,900 the first time to $2,800 the sixth time. This trend may suggest a potential inverse correlation that traders could consider when making future trading decisions.