Key Takeaways Bitwise data through Aug. 31 shows bitcoin’s 90-day gold correlation above 0.5, a level last seen in 2020. Matt Hougan of Bitwise says own AI stocks if the U.S. grows out of $40T in debt, and bitcoin if it inflates. Treasury doubles long-bond buybacks to $4 billion from Sept. 9 as bitcoin trades near $81,000. The Hard-Asset Handshake Bitwise’s chart, based on data compiled from April 2015 through Aug. 31, 2026, shows the rolling 90-day correlation between bitcoin and the gold spot price pushing above 0.5 for only the second time on record. The previous peak came in …


