Bitcoin Surges 36% Since August 18 While Gold and Stocks Remain Stagnant: A Shift in Correlation?

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Bitcoin has risen roughly 36% since August 18, significantly outperforming largely stagnant gold and equity markets. The divergence suggests Bitcoin’s recent rally is being driven by crypto-specific factors rather than broad moves in traditional risk assets, potentially indicating a temporary shift in correlation. However, a single-source observation and short time frame are insufficient to establish a durable decoupling.

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