Bitcoin ‘Digital Gold’ vs. Hormuz Crisis: Is BTC Decoupling?

Bitcoin is failing its biggest safe-haven test of 2026 as the Strait of Hormuz crisis pushes oil toward $113. Instead of decoupling, BTC is showing a dangerous 0.68 positive correlation with crude prices, signaling that digital gold is currently trading like a risk asset.Key Takeaways: Correlation Spike: The Bitcoin-WTI correlation coefficient has hit 0.68, a dramatic shift from historical averages below 0.3. Oil Imp…