The correlation between Bitcoin [BTC] and gold is at an all-time high. Moreover, looks like the de-coupling with the S&P 500 has happened completely as well. Bloomberg Intelligence: Bitcoin-Gold 52-week correl (0.43) at all time highs: pic.twitter.com/ci1y1ngMQr — light (@LightCrypto) June 9, 2020 The important point to understand here is why the S&P correlation held