Andre Dragosch from Bitwise just dropped a major signal for market watchers:
đ Bitcoin's 60-day correlation with US 10-Year Treasury Futures has hit its lowest point ever.
What does this mean?
đ Lower correlation = less connected moves.
đ§ Translation: $BTC may be moving independently of traditional financial instruments like bonds.
đ While bond yields surged hard in April and early May (peaking at 4.629%), BTC also made strong moves â up nearly 19% in just 3 weeks this month. đ
But hereâs the kickerâŠ
This decoupling hints that some investors may be rotating out of bonds and into Bitcoin.
Less faith in debt, more faith in digital gold? đ€
Both assets cooled off late May, suggesting short-term profit-taking. But the bigger narrative?
đ BTC is maturing, and macro players are watching closely.
This is not just noise â this is a macro signal that the rules of the game might be shifting.
Donât sleep on it. đ§ âĄïž