According to CoinMeta, as Treasury bond yields soar, Bitcoin has outperformed gold. The 90-day correlation between Bitcoin and gold has risen to 0.59, the highest level since 2020, with fiscal concerns prompting investors to turn to scarce assets. However, Bitcoin seems less sensitive to rising bond yields: the correlation between Bitcoin and 10-year yields is -0.17, while the correlation between gold and 10-year yields is -0.41. Bitcoin's correlation has reached its highest point in six years, and despite being regarded as digital gold, it has shown almost no reaction during fluctuations in the bond market.