Yahoo Finance analysis indicates that the 90-day correlation between Bitcoin and gold reached +0.50 in early September, its highest level since 2020. Concurrently, the correlation between Bitcoin and the Nasdaq 100 Index dropped to approximately +0.30, a one-year low, down from about +0.60 in 2022 and 2024. The analysis suggests this shift is primarily driven by bond market pressures, rather than technology stock trends. Despite Bitcoin's 54% decline from its peak in this cycle, its volatility has fallen to a historical low range of 1.5%, demonstrating its characteristic as a macro asset responsive to yield changes.