Bitcoin’s 90-day correlation with gold has reached its highest level in roughly six years.
- Bitcoin's 90-day correlation with gold has reached a six-year high, indicating a shift towards defensive macro hedges.
- Despite localized corrections due to macro data and Fed rate expectations, Bitcoin spot ETFs saw substantial inflows in August-September.
- Institutional investors are closely watching upcoming FOMC decisions to see if ETF inflows can offset macroeconomic headwinds.
Topics: Asset types, Market cycles macro sensitivity, Institutional adoption, Alternative assets, Interest rate sensitivity, Asset manager initiatives
Tags: #bitcoin #gold #correlation #etfinflows #macrodata #septembermarkets #producerpriceindex #federalreserve #treasuryyields #inflation