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Crypto correlation with rate expectations weakens

Digital assets are trading less tightly with front-end yields than at any point this year.

By Priya Raman · Staff reporter · Jul 31, 2026 · 6 min read

Crypto correlation with rate expectations weakens

Rolling correlations with two-year yields fell to the lowest level in twelve months.

Analysts attribute the shift to structural ETF flows rather than a change in macro sensitivity.

A hotter inflation print would be the first real test of the decoupling.

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