Storyline
Bitcoin decorrelates from stocks
Bitcoin is increasingly decoupling from equities and aligning more closely with gold as a distinct macro asset class.
Timeline
- Sun, Jul 26Latest
Bitcoin Decouples From AI Stocks but Faces $96 Oil as New Macro Risk
Bitcoin's price correlation with AI stocks has broken down, but rising oil prices approaching $96 per barrel have introduced a new macro risk factor for the asset.
- Sat, Jul 18
Bitcoin Decorrelates From Tech Stocks, Tracks Gold More Closely in Q2 2026
Multiple data sources confirmed Bitcoin's correlation with US technology stocks declined further in Q2 2026, with the asset tracking gold more closely. Bitcoin's realized volatility fell below that of South Korean equity benchmarks, adding a cross-asset volatility comparison to the decorrelation record.
- Thu, Jul 16
Bitcoin Correlation With US Stocks Declines in Q2 2026, Aligns More Closely With Gold
Bitcoin's correlation with US equities declined during Q2 2026, with the asset missing the S&P 500 rally while tracking gold more closely. Multiple sources confirmed the decorrelation trend using Q2 data, adding to prior analysis identifying Bitcoin as breaking from its historical equity co-movement.
- Mon, Jul 13
Bitcoin Decorrelates From Stocks and Gold as AI, Macro, and Geopolitical Factors Diverge
Analysis documented Bitcoin's price correlation with equities and gold breaking down, with AI sector dynamics, Federal Reserve policy, and geopolitical developments cited as drivers of the divergence. Bitcoin and Ether separately showed limited reaction to fresh US military strikes on Iran as the Strait of Hormuz closed.
- Fri, Jun 19
Bitcoin decouples from tech stocks as analysts eye $60K as next key level
Bitcoin is showing signs of decoupling from tech stocks, with analysts pointing to $60,000 as the next significant price level to watch.