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Bitcoin's 90-day correlation with gold doubles to +0.50, while correlation with Nasdaq hits one-year low.

Market News
05 Sep 2026
Blockonomi
View Source
Neutral
Bitcoin's 90-day correlation with gold doubles to +0.50, while correlation with Nasdaq hits one-year low.

Bitcoin's 90-day price correlation with gold has surged to +0.50, more than doubling since early 2026 and nearing the 2020 pandemic record. Meanwhile, Bitcoin's correlation with the Nasdaq 100 has dropped to about 0.30, its lowest in a year. This shift reflects growing investor interest in Bitcoin and gold as scarce assets and potential hedges amid rising fiscal and currency concerns, especially following the US Treasury's decision to double debt buybacks. The trend highlights Bitcoin's evolving role away from traditional tech stocks toward safe-haven assets like gold.

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AI tools help fix Bitcoin wallet bug but face challenges as OpenAI cuts access mid-audit

AI tools help fix Bitcoin wallet bug but face challenges as OpenAI cuts access mid-audit

Rob Hamilton and his Bitcoin Red Team used AI to find nearly 5,000 issues in Bitcoin-related code in just 30 hours, including a wallet bug fix merged into Bitcoin Core. This AI-driven audit highlights the potential of AI in improving crypto security ...

Protocol Fundamentals
Neutral
4 hours ago
Zcash surges past $1,000, triggering a 562% liquidation imbalance in a sharp short squeeze.

Zcash surges past $1,000, triggering a 562% liquidation imbalance in a sharp short squeeze.

Zcash's price jumped from $805 to over $1,000, reaching $1,051 on September 4, 2026, driven by a strong rally that forced short sellers out of leveraged positions. This caused a 562% liquidation imbalance with $13.24 million liquidated, mostly from s...

Market News
Bullish
4 hours ago
Token Terminal adds 5 tokenized stocks on Solana with $1.7M market cap to its analytics platform

Token Terminal adds 5 tokenized stocks on Solana with $1.7M market cap to its analytics platform

Token Terminal expanded its real-world asset dashboard by adding 145 new tokenized assets, including five tokenized stocks on Solana with a combined market cap of about $1.7 million. These stocks come from issuers Backpack, Anchored Finance, and xSto...

Protocol Fundamentals
Bullish
4 hours ago
Quantum computers could threaten Bitcoin addresses that have revealed their public keys; users should check and move funds if needed.

Quantum computers could threaten Bitcoin addresses that have revealed their public keys; users should check and move funds if needed.

The G7 Cybersecurity Working Group urges immediate preparation for post-quantum cryptography to protect sensitive data, including Bitcoin holdings. Bitcoin addresses that have revealed their public keys—either through spending or older formats—are vu...

Market News
Neutral
4 hours ago
Oklahoma Bitcoin mining site condemned after leaking millions of gallons of water during drought

Oklahoma Bitcoin mining site condemned after leaking millions of gallons of water during drought

A Bitcoin mining facility in El Reno, Oklahoma, leaked between 3 and 3.8 million gallons of water due to an unauthorized fire hydrant, causing city-wide water pressure drops and school closures amid a severe drought. The city condemned the site and p...

Market News
Bearish
6 hours ago
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