Cross-Asset Signals
Gold/BTC correlation · M2 money supply · Treasury curve · VIX risk appetite
GOLD vs BTC CORRELATION
GLD $372.46
BTC $80,454
30d 0.106 Weak positive
90d 0.316 Moderate positive
180d 0.045 Uncorrelated
Rolling Pearson correlation between GLD and BTC-USD daily returns
BTC Price (90d)
VIX RISK APPETITE
70
/100
High
VIX 17.5
VIX at 17.5 — below-average implied volatility and elevated risk appetite.
VIX-derived market risk appetite. Crypto Fear & Greed is a separate CoinGlass metric.
M2 MONEY SUPPLY
$23.3B
billions USD · FRED: M2SL
+5.7% YoY
>8% — Inflationary expansion
4–8% — Moderate growth
0–4% — Normal range
<0% — Contraction / QT
M2 Supply (36 months)
TREASURY YIELD CURVE
Normal Yield Curve
2Y Yield 4.65%
10Y Yield 4.99%
10Y−2Y Spread +0.34%
10Y−2Y Spread (24 months)
Normal yield curve — longer-term bonds yield more than short-term.
Source: FRED GS2 and GS10 series (monthly)
GOLD (GLD ETF) — 90 DAYS
SPDR Gold Shares ETF — proxy for gold spot price