Integrated Sensing and Communication (ISAC) is critical for efficient spectrum and hardware utilization in future wireless networks like 6G. However, existing channel models lack comprehensive characterization of ISAC-specific dynamics, particularly the relationship between mono-static (co-located Tx/Rx) and bi-static (separated Tx/Rx) sensing configurations. Empirical measurements in dynamic urban microcell (UMi) environments using a 79-GHz FMCW channel sounder help bridge this gap. Two key findings are demonstrated: (1) mono-static and bi-static channels exhibit consistently low instantaneous correlation due to divergent propagation geometries; (2) despite low instantaneous correlation, both channels share unified temporal consistency, evolving predictably under environmental kinematics. These insights, validated across seven real-world scenarios with moving targets/transceivers, inform robust ISAC system design and future standardization.