@kamabrewster
Bitcoin's correlation with the S&P 500 has strengthened recently, reaching 0.87 in early 2025 amid equity-like behavior during market volatility, amplifying both gains and losses. With gold, it peaked at 0.88 in 2024 but shows signs of divergence in Q3 2025, as gold surges 16% while Bitcoin corrects 30%, suggesting weakening relative to equities but persistent high ties overall.