# Correlation Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Correlation", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitfinex Signals the Start of a Bitcoin Bull Run Amid Peak Correlation with Gold

Bitfinex suggests that Bitcoin's correlation with gold has reached peak levels, signaling a potential shift and the beginning of a bull market. Analysts observe that both assets are trading as a unified hedge against currency devaluation amidst concerns over U.S. debt and monetary policy. Bitfinex notes this high correlation is typically unsustainable, and a change in risk sentiment will test whether Bitcoin decouples from stocks to follow gold. The exchange highlights that Bitcoin's price has moved from an accumulation to an expansion phase, supported by technical metrics. This trend mirrors 2024 patterns where investors sought alternatives due to fears of "debt debasement." However, recent hawkish comments from Federal Reserve Chair Kevin Warsh, emphasizing a commitment to 2% inflation and hinting at rate hikes, contrast with this devaluation narrative.

cryptonews.ru5h ago

Bitfinex Signals the Start of a Bitcoin Bull Run Amid Peak Correlation with Gold

cryptonews.ru5h ago

Five Charts to Understand the Starting Point of the 2026 Bitcoin Bull Market

"Five Charts Signaling the Start of Bitcoin's 2026 Bull Run," an article by Anthony J. Pompliano, argues that the Bitcoin bear market is likely over. The analysis uses five key charts to support a bullish outlook for the next 18-24 months. First, a chart combining Bitcoin's mining electricity cost with the RSI indicator suggests a historical buy signal has appeared, similar to patterns preceding past bull markets. Second, Bitcoin's correlation with gold has reached a record high, positioning both as hedges against currency devaluation amid expansive fiscal policies. Third, despite a recent divergence, Bitcoin's price has historically caught up to expansions in the M2 money supply, indicating potential for upward movement. Fourth, a technical analysis of a 4-hour chart shows Bitcoin breaking out from a consolidation pattern, suggesting a path toward $90,000. Finally, data illustrates that long-term holding is crucial, as most of Bitcoin's annual gains come from just a few major up days, making frequent trading counterproductive. The conclusion states that while volatility will persist, the new bull market has begun and disciplined investors stand to be rewarded.

marsbit15h ago

Five Charts to Understand the Starting Point of the 2026 Bitcoin Bull Market

marsbit15h ago

Grayscale Highlights Strengthening Correlation Between Bitcoin and Gold

Grayscale's Head of Research, Zach Pandl, highlighted a significant shift in Bitcoin's correlation patterns. Over the past 90 days, Bitcoin's correlation with the Nasdaq 100 has fallen from 60% to 33%. Conversely, its correlation with gold has surged from near zero at the start of the year to over 50%. Pandl interprets this shift as the market beginning to perceive Bitcoin again as a defensive, safe-haven asset. He suggests it reflects renewed investor focus on Bitcoin's scarcity, financial independence, and utility as a store of value. This trend is supported by a macroeconomic backdrop featuring the U.S. national debt exceeding $40 trillion, rising deficits, and increasing Treasury yields, which are driving demand for assets that can protect capital from fiat currency devaluation. In this environment, Pandl posits Bitcoin could become a liquid alternative to gold, citing its capped supply of 21 million coins and transparent, decentralized issuance schedule. A similar view was echoed by Jurrien Timmer, Director of Global Macro at Fidelity. He linked the rise in both gold and Bitcoin to U.S. Treasury actions involving buying long-term bonds and increasing bill issuance. Timmer noted the market senses a "slippery slope toward fiscal dominance and a potential loss of Fed independence," conditions that are negative for the U.S. dollar but positive for assets like gold.

cryptonews.ru20h ago

Grayscale Highlights Strengthening Correlation Between Bitcoin and Gold

cryptonews.ru20h ago

Uniswap Founder: When Stocks and Treasuries Are Fully On-Chain, How Will AMMs Restructure the Global Market?

Uniswap founder Hayden Adams argues that as traditional assets like stocks become tokenized, Automated Market Makers (AMMs) could fundamentally restructure global markets. The core insight is that AMMs are most efficient in "correlated pairs"—such as NVDA/SPY—where assets move together. In these pairs, passive liquidity providers (LPs) who are willing to hold the underlying assets face lower inventory risk and minimal hedging costs compared to traditional, delta-neutral market makers. This cost advantage allows AMMs to undercut professional firms. Tokenization enables assets to trade directly against each other on a shared settlement layer, rather than being siloed in dollar-based systems. Adams observes this pattern already emerging in DeFi, where assets naturally pair with correlated benchmarks (e.g., ETH for Ethereum assets). He believes this will extend to tokenized stocks, with liquidity concentrating in low-volatility correlated pairs, while a few high-volume "bridge pairs" (like SPY/USD) handle dollar conversions. The article highlights that early correlated markets for tokenized stocks already exist (e.g., on Robinhood's chain), and Uniswap v4 hooks like DualPool can further boost LP returns. Adams draws a parallel to the rise of passive index funds, suggesting passive AMM liquidity could similarly democratize market-making and capture significant market share from traditional finance. A response from crypto KOL Cody adds practical analysis, noting that while the correlated pair strategy reduces impermanent loss, current on-chain fees may not yet fully compensate for it. He shares his own LP strategy using valuation models, emphasizing that AMMs offer a novel, low-cost market-making avenue for those willing to hold inventory.

marsbit08/21 08:11

Uniswap Founder: When Stocks and Treasuries Are Fully On-Chain, How Will AMMs Restructure the Global Market?

marsbit08/21 08:11

Bitcoin Price Stops Tracking Stocks. Key News on Cryptocurrencies for the Morning

Bitcoin's price has ceased to follow the stock market, trading around $64.3k on August 18th, within a narrow $62-65k range since July. Ethereum is above $1.9k. Market sentiment remains fearful, but the fear and greed index rose by 10 points. Bitcoin showed slight gains while major US stock indices fell, correlating more with oil prices than equities. Analysts note mixed signals: some predict sideways movement between $66-67k, while others anticipate a final drop below $60k before a new bull cycle. Regarding altcoins, Ethereum is preparing for a major network upgrade ("Glamsterdam") later this year, which may disrupt various tools. ETH is outperforming BTC, which some see as a sign of growing investor interest in altcoins and demand for Ethereum from tokenization and AI-agent applications. Major corporate holder Bitmine continues accumulating ETH, increasing its reserves to 5.815 million tokens ($11 billion).

cryptonews.ru08/18 08:55

Bitcoin Price Stops Tracking Stocks. Key News on Cryptocurrencies for the Morning

cryptonews.ru08/18 08:55

Uniswap Founder: Why AMM Could Become the Core Engine of Financial Markets

In this article, Uniswap founder Hayden Adams argues that Automated Market Makers (AMMs) have the potential to become the core engine of future financial markets, drawing parallels to the disruptive rise of index funds 50 years ago. He posits that asset tokenization is more than just an infrastructure upgrade; it enables programmable markets and changes who can provide liquidity. AMMs like Uniswap have already found product-market fit in long-tail crypto assets and stablecoin pairs, where passive strategies can outcompete traditional market makers due to lower capital costs. The traditional market-making model is vertically integrated, creating high barriers to entry. Blockchain technology dismantles this by decoupling execution, custody, and settlement into competitive, open layers. In this new landscape, capital is the scarcest resource, and advantage goes to those with the lowest cost of holding assets—such as asset issuers or long-term holders who naturally have exposure. A key emerging pattern is "correlated pairs" (e.g., an asset trading against a related index like SPY instead of USD). When two assets are correlated, passive AMM strategies perform much closer to active ones, and liquidity providers bear less risk. This structure naturally organizes markets for efficiency, with passive AMMs dominating correlated pairs and active players competing on the fewer, high-volatility "bridging pairs" (like SPY/USD). Early examples already exist, such as tokenized stocks trading directly against SPY on Uniswap. Adams concludes that, much like passive index funds eventually outperformed most active managers, passive liquidity provision via AMMs is on a path to win by dramatically lowering the cost and complexity of creating and accessing markets.

marsbit08/18 07:32

Uniswap Founder: Why AMM Could Become the Core Engine of Financial Markets

marsbit08/18 07:32

Gold at $4,400, Bitcoin at $63,700: WEEX Market Analysis on the Two Safe Havens That Stopped Moving Together

Gold's price has stabilized around $4,400 per ounce, while Bitcoin hovers near $63,700, marking a significant divergence between the two traditional "safe haven" assets in 2026. The analysis from WEEX highlights that their previously correlated behavior has broken down. Gold's strength is primarily driven by sustained central bank purchases (projected 750-850 tonnes for the year), geopolitical risk premiums, and rate cut expectations, representing price-insensitive demand. Bitcoin's price action, however, is more closely tied to shifting global liquidity conditions and risk appetite among leveraged and institutional investors. Consequently, the "digital gold" narrative is no longer sufficient; the assets now react to different catalysts. A key structural trend is the rapid growth of tokenized gold, whose market cap and trading volume surged in Q1 2026, indicating gold's migration to on-chain, 24/7 trading formats. For traders, this means gold and Bitcoin should be viewed as complementary portfolio hedges rather than substitutes. Strategies like monitoring their correlation, trading the BTC/gold ratio, and using a single platform for fast rotation between assets (like WEEX's XAU/USDT and BTC/USDT pairs) become more relevant.

TheNewsCrypto08/13 11:46

Gold at $4,400, Bitcoin at $63,700: WEEX Market Analysis on the Two Safe Havens That Stopped Moving Together

TheNewsCrypto08/13 11:46

Katie Stockton's Bitcoin Forecast! 'Downtrend Has Reached Exhaustion Point'

Katie Stockton, founder of Fairlead Strategies and a Chartered Market Technician (CMT), discussed Bitcoin's technical outlook. She states that BTC's long-term downtrend has reached an exhaustion point, with strong signals suggesting a durable market bottom is forming. Stockton's analysis of multi-timeframe indicators shows Bitcoin has reached clear oversold conditions on monthly charts. She notes an upward move in long-term momentum oscillators and emphasizes the psychological importance of price action near previously anticipated support levels. This situation, she argues, increases Bitcoin's chances of forming a long-term, sustainable bottom compared to other assets like gold. Addressing macro trends, Stockton notes the correlation between gold and Bitcoin is cyclical and not a direct trading signal. While gold's recovery may be an interim bounce, she highlights that Bitcoin is technically showing signs of emerging from a much deeper oversold zone.

cryptonews.ru08/11 21:01

Katie Stockton's Bitcoin Forecast! 'Downtrend Has Reached Exhaustion Point'

cryptonews.ru08/11 21:01

Bitcoin Down 20% Over the Past 90 Days, While Stocks Have Risen

According to Glassnode, Bitcoin has underperformed stocks significantly. Over the past 90 days, Bitcoin fell 20%, a drop four times larger than the S&P 500's 5% gain. This year, the crypto market has been the worst-performing among major asset classes, with Bitcoin down 35% and altcoins down 57% since January. In contrast, commodities like gold, copper, and silver, alongside stock indices, have posted substantial gains. Glassnode states the market will remain stock-dominated until Bitcoin begins to recover its relative performance against these indices. This trend persisted over the past week. Notably, in July, Bitcoin and Ethereum posted gains of 9% and 20% respectively, diverging from a broader stock market correction and breaking their previously high correlation with tech stocks. Robert Mitchnick of BlackRock views this decoupling from equities as "useful" for investors seeking diversification, calling July a potential turning point. He noted improving market sentiment and a resumed inflow into Bitcoin ETFs, with BlackRock's IBIT seeing significant August inflows. U.S. spot Bitcoin ETFs had their strongest week since mid-April in early August.

cryptonews.ru08/11 20:45

Bitcoin Down 20% Over the Past 90 Days, While Stocks Have Risen

cryptonews.ru08/11 20:45

Bitcoin and U.S. Stocks Diverge: BlackRock Sees This as an Important Signal for Investors

Bitcoin and U.S. stocks are increasingly moving out of sync, and BlackRock sees this as a positive signal for investors. According to Robert Mitchnick, BlackRock's head of digital assets, Bitcoin is showing more independent price action rather than simply tracking risky assets like stocks. He cited July as an example, when the AI sector corrected but Bitcoin remained relatively resilient. This decoupling suggests Bitcoin could serve as a portfolio diversification tool, potentially hedging against risks elsewhere in the market. BlackRock acknowledges Bitcoin's high volatility—it has fallen around 30% since early 2026—but notes that ETF investors typically have a long-term, buy-and-hold approach. Key factors influencing Bitcoin's price include investor risk appetite, pressure on equity markets, tech sector corrections, and institutional interest. The asset's technological foundation on blockchain also differentiates it from traditional finance. For portfolio construction, this independent behavior can be more valuable than short-term returns, as it may offset declines in other holdings. Investors also monitor crypto-related stocks like Coinbase and mining companies, and consider tax implications for crypto transactions. While long-term price forecasts for Bitcoin vary widely, BlackRock emphasizes observing its correlation with assets like Ethereum and the S&P 500. The firm recommends tracking official company statements, ETF data, SEC filings, and financial media for ongoing analysis.

cryptonews.ru08/11 20:41

Bitcoin and U.S. Stocks Diverge: BlackRock Sees This as an Important Signal for Investors