#BTCRebound
BTC-Gold Correlation Rebounds Sharply After February Collapse
Bitcoin’s correlation with gold has staged a sharp recovery following its dramatic collapse in February. As of April 25, the 30-day Pearson correlation between BTC and gold stands at 0.54, closing in on its yearly high of 0.73.
In February, Bitcoin experienced a sudden "decoupling" from gold as its price fell 17% to $84,000, while gold edged up nearly 2% to $2,850 per ounce. This divergence saw the correlation plunge from 0.73 to -0.67 within just three weeks.
However, renewed macroeconomic uncertainty — fueled by U.S. tariffs and political developments — has reignited Bitcoin’s reputation as "digital gold." Both assets rallied strongly in response: Bitcoin surged over 10%, gold climbed more than 5%, while the U.S. Dollar index fell by roughly 4%.
Historically, such sharp decouplings have been short-lived. Since 2020, Bitcoin’s correlation with gold has snapped back within days after falling below -0.50. This latest rebound appears to follow the same historical pattern, suggesting further strength in the BTC-gold relationship in the near term.
