Gate News reports that on March 19, the correlation between Bitcoin and gold dropped to its lowest level since the bear market in November 2022. Recent data shows that as Bitcoin’s price broke through the $70,000 psychological level, its correlation coefficient briefly fell to -0.88, indicating a clear divergence between Bitcoin and gold (XAU).
Market analysis firm CryptoQuant notes that this trend began in October 2025, when the Bitcoin-gold correlation peaked at 0.289. Subsequently, Bitcoin’s price declined while gold performed well amid economic and geopolitical uncertainties, causing the correlation to rapidly drop to -0.55. Although the correlation temporarily rebounded to -0.22, it has recently fallen again to a historic low, suggesting a continued inverse relationship.
Specifically, from late September 2025, when Bitcoin rebounded from $65,868 to around $71,000, the BTC/XAU trading volume increased from 12 ounces to 15 ounces. However, Bitcoin’s rally has encountered resistance near $70,000, with bears attempting to push it below key psychological support. As of press time, Bitcoin is trading around $71,330, trying to hold the $71,000 support level in hopes of stabilizing before the next upward move.
Historical data shows that whenever Bitcoin’s correlation with gold falls below -0.48, it is often accompanied by Bitcoin prices rising or gold prices falling, leading to a rebound in correlation. For example, in April 2025, when the correlation coefficient dropped to -0.611, Bitcoin rose from $80,000 to $106,000, and the correlation rebounded to 0.60. Similar patterns were observed between October and December 2025.
Analysts believe that although Bitcoin and gold are currently diverging in the short term, if Bitcoin continues to rise or gold prices decline, the correlation may rebound again. Investors should monitor key support levels for Bitcoin and changes in gold prices to gauge the next market trend.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews9m ago
Yesterday, Bitcoin spot ETFs saw net outflows of $291 million, with Fidelity’s FBTC recording outflows of $229 million
On April 13, spot Bitcoin ETFs saw net outflows of $291 million, with Fidelity’s FBTC experiencing the largest outflow at $229 million. Products that recorded net inflows included BlackRock’s IBIT, Bitwise’s BITB, and Morgan Stanley’s MSBT.
GateNews13m ago
Giant whales holding assets worth over $100 million are increasing their positions in BTC and taking short positions in ETH, with a cumulative loss of over $66.19 million
According to OnchainLens monitoring, on April 14, a whale that opened a short position of 255 BTC increased its BTC and ETH short positions. Its current unrealized loss is over $4 million, its cumulative loss is over $66.19 million, and the value of the BTC and ETH it holds is $76.70 million and $24.40 million, respectively.
GateNews19m ago
A crypto financial service provider has a whale-related address holding 120k ETH and 700 BTC, with unrealized gains exceeding $36 million
Gate News message: On April 14, according to on-chain analytics platform Lookonchain, influenced by the market rebound trend, a whale address associated with a certain crypto financial services provider currently holds a long position of 120k ETH (about $283.5 million) and 700 BTC (about $52 million), with total unrealized gains exceeding $36 million.
GateNews1h ago
MicroStrategy raises $ using 11.5% STRC to buy Bitcoin, Saylor: If BTC rises more than 2% year-over-year, that’s enough to pay dividends
MicroStrategy announces it has increased its holdings of $1 billion worth of Bitcoin. Its total holdings now reach 780,897 BTC, and the fundraising is fully sold out through the preferred stock STRC. Founder Saylor stated that Bitcoin only needs an annual growth rate of more than 2.05% to cover dividends, avoiding dilution of common stock. This strategy demonstrates the company’s innovation in asset allocation and attracts other companies to imitate it.
ChainNewsAbmedia1h ago
