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Cointelegraph by Nancy Lubale

Bitcoin price rebounds above $66K as weak gold and stock correlation hints at upside potential

Bitcoin climbed back toward $66,000 after Tuesday's advance in United States equities, with tech and AI stocks leading the move. The recovery coincided with a positive flip in the Bitcoin Coinbase Premium Index and $258 million in ETF net inflows, signaling renewed demand from U.S. traders. Onchain data also shows Bitcoin's correlation with both the S&P 500 and gold at multi‑year lows, which some analysts say could precede substantial upside if the relationship normalizes.