According to @QCPgroup, BTC’s correlation with US equities has tightened since mid-July, mirroring US stocks’ rebound toward record highs, which elevates cross-asset sensitivity for crypto trading; source: QCPgroup on X, 11 Aug 2025. @QCPgroup states that market focus now shifts to Tuesday’s CPI, expected to rise 10 bps to 2.8 percent, making inflation data the immediate macro driver to watch; source: QCPgroup on X, 11 Aug 2025. @QCPgroup positions CPI as the key near-term catalyst for BTC price action given the stronger equity correlation backdrop; source: QCPgroup on X, 11 Aug 2025.

According to Skew Δ, Bitcoin's positive correlation with equities and gold is significantly impacting its price trajectory. The cryptocurrency has reclaimed its yearly open, and maintaining a position above $94K is crucial for continued bullish momentum. This alignment with traditional assets could indicate increased institutional interest and a shift in investor strategy. For traders, monitoring these correlations might provide insights into future price movements and potential breakout opportunities.