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Bitcoin's correlation with gold hits highest since 2020 amid $40T US debt concerns.

Market News
04 Sep 2026
Bitcoin
View Source
Bullish
Bitcoin's correlation with gold hits highest since 2020 amid $40T US debt concerns.

Bitcoin's 90-day correlation with gold has risen above 0.5, the highest since the 2020 stimulus period, signaling that investors are treating bitcoin more like a hard asset similar to gold. This shift comes as the US national debt surpasses $40 trillion, prompting increased Treasury bond buybacks and raising inflation concerns. Bitwise suggests investors consider AI stocks if the economy grows out of debt, or bitcoin if inflation dominates, with many now hedging with both assets. Bitcoin trades near $81,000 while gold also rebounds, reflecting a potential new era where bitcoin acts as a store of value alongside gold.

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THC drink sales soar 135% amid looming US federal crackdown delay

THC drink sales soar 135% amid looming US federal crackdown delay

THC-infused beverages in the US saw a 135% sales increase to $239 million over the past year, becoming a popular alcohol alternative. However, a potential federal ban on hemp-derived THC products is causing distributors to hesitate on restocking, imp...

Market News
Bearish
4 hours ago
Sigma Lithium lists on ASX, expanding access to Asia Pacific investors and capital markets.

Sigma Lithium lists on ASX, expanding access to Asia Pacific investors and capital markets.

Sigma Lithium has been approved for listing on the Australian Securities Exchange (ASX) as a Foreign Exempt Issuer, starting official trading on September 3, 2026, under the ticker SAU. This listing broadens the company's access to a sophisticated in...

Company Fundamentals
Bullish
4 hours ago
Sharon AI signs 5-year deal with Rafay to standardize AI infrastructure operations globally.

Sharon AI signs 5-year deal with Rafay to standardize AI infrastructure operations globally.

Sharon AI has entered a five-year strategic agreement with Rafay Systems to use Rafay's platform as a centralized orchestration and operations layer across its AI Factory environments. This platform will standardize how Sharon AI manages its AI infra...

Market News
Bullish
4 hours ago
VersaBank to join Raymond James US Bank and Banking on Tech Conference in Chicago, Sept 8-10, 2026

VersaBank to join Raymond James US Bank and Banking on Tech Conference in Chicago, Sept 8-10, 2026

VersaBank, a digital business-to-business bank and cybersecurity technology provider, announced its management will participate in the Raymond James US Bank and Banking on Tech Conference in Chicago from September 8-10, 2026. The bank operates with a...

Market News
Bullish
4 hours ago
KeyCorp CFO to present at Barclays conference on Sept 14, discussing performance and outlook.

KeyCorp CFO to present at Barclays conference on Sept 14, discussing performance and outlook.

KeyCorp announced that its Chief Financial Officer, Clark Khayat, will present at the Barclays Global Financial Services Conference on September 14, 2026. During the presentation, KeyCorp will review its recent performance, strategic plans, and futur...

Market News
Neutral
4 hours ago
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