According to CoinMeta, according to a grayscale research report, the 90-day correlation between Bitcoin and gold has risen to over 50%, reflecting that Bitcoin is gradually being viewed as a scarce monetary asset, rather than merely a high-risk tech investment. The report indicates that as concerns about U.S. debt and fiscal deficits resurface, investors may reconsider their role in investing in Bitcoin. Meanwhile, the correlation between Bitcoin and the Nasdaq 100 has dropped from over 60% to around 33%.