The 30-day Pearson correlation between Bitcoin and gold rebounded from -0.67 in February to 0.54 in April 2025, close to the yearly high of 0.73. In February, the price of Bitcoin fell from $102,000 to $84,000, while the price of gold rose to $2,850, leading to a sharp decline in the correlation between the two. Subsequently, due to the United States imposing tariffs on multiple countries, macroeconomic uncertainty was triggered, and the correlation between Bitcoin and gold quickly rebounded. Bitcoin was redefined as "digital gold," and after Trump announced the "liberation day," the price of BTC rose over 10%, while gold also increased by 5%. Historical data shows that the correlation between Bitcoin and gold has rapidly rebounded multiple times after reaching lows, often approaching above 0.8 again.

BTC1,03%
TRUMP-3,25%
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