CoinMeta US stock news: Coinbase Institutional posted on X that the correlation between Bitcoin (BTC) and gold is near a historical high, but similar correlations do not mean the same returns. Over the past month, BTC has risen while gold has fallen, indicating that even as interest rates increase, marginal capital demand still favors Bitcoin. At the same time, Coinbase Institutional pointed out that both the 90-day correlation between BTC and gold, as well as its beta with the Nasdaq 100 index, have declined.