Bitcoin's Correlation with US Treasury Real Yields Hits Record High
Bitcoin's relationship with inflation-adjusted Treasury yields has reached an unprecedented positive correlation above 0.6.
Bitcoin's relationship with inflation-adjusted Treasury yields has reached an unprecedented positive correlation above 0.6. Bitcoin (BTC) is trading at ₹77,89,748 ($81,911.00), down 0.1% since this brief published. This is an original Token Times brief based on reporting by The Cryptonomist, with live market data added, as of Fri, 16 Oct 2026 04:15:01 UTC.
This record correlation challenges traditional views of Bitcoin as a hedge against inflation and could impact portfolio diversification strategies.
- Bitcoin's correlation with US Treasury real yields has reached above 0.6, a new high.
- The finding suggests Bitcoin may not act as an inflation hedge as previously thought.
- BTC price remains resilient at $82,012 despite the correlation shift.
A recent study by Fidelity Digital Assets has revealed that 
Bitcoin's correlation with US Treasury real yields has reached an unprecedented level above 0.6. This marks a significant shift in the cryptocurrency's relationship with traditional financial instruments.
The correlation between Bitcoin's market capitalization and inflation-adjusted 10-year Treasury yields has historically been more variable, with periods of both positive and negative correlation. This new high challenges the assumption that Bitcoin serves as a reliable hedge against inflation.
Despite this record correlation, Bitcoin's price has remained resilient, currently trading at $82,012 with a 24-hour increase of 0.62%. This suggests that other factors may be supporting its price even as its relationship with Treasury yields strengthens.
The broader crypto market remains relatively stable, with a total market cap of $2.82 trillion. This development comes at a time when the Fear & Greed Index stands at 63, indicating a sentiment of 'Greed' among investors.
The implications of this correlation could be significant for portfolio management and investment strategies. Investors may need to reconsider how they incorporate Bitcoin into their portfolios, particularly if its role as an inflation hedge is in question.
Since this brief published about 8 hours ago, Bitcoin (BTC) has moved from ₹77,99,352.68$82,012.00 to ₹77,89,747.57$81,911.00 — -0.12%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $77,500 in October?
Crowd-implied probability on Polymarket, ₹21.56M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 16 02:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.58M (about $81,911.00), up 1.3% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin's Correlation with US Treasury Real Yields Hits — questions & answers
What is the current correlation between Bitcoin and US Treasury real yields?
The correlation has exceeded 0.6, the highest on record according to Fidelity Digital Assets.
How does this affect Bitcoin's status as an inflation hedge?
The high correlation with Treasury yields suggests Bitcoin may not function as a reliable inflation hedge.
What is Bitcoin's current price and market performance?
Bitcoin is priced at $82,012 with a 24-hour increase of 0.62% and a 7-day gain of 0.30%.
How much is 1 Bitcoin worth in rupee today?
About ₹8.58M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,911.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.12% since this brief first published — trading at ₹77,89,748 ($81,911.00) now versus ₹77,99,353 ($82,012.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.