Bitcoin’s US Treasury correlation with real yields hits a record above 0.6

The correlation between Bitcoin and US Treasury real yields has reached a record positive level, challenging assumptions about how the cryptocurrency behaves in investment portfolios. Research from Fidelity Digital Assets , published on October 15, 2026, puts the relationship between Bitcoin’s market capitalization and inflation-adjusted 10-year Treasury yields at above 0.6 . Key takeaways Fidelity’s record reading reverses a historically weak or negative relationship. The research links the shift to pressure on US public finances. Bitcoin and 10-year Treasury rates both rose over the report’s preceding two months.

Source: The Cryptonomist