#Bitcoin x S&P 500 Correlation 📉 📝 The 90-day correlation between $BTC and the S&P 500 has cratered, currently sitting at negative 0.48. This deep decoupling confirms Bitcoin is detaching from traditional equity risk-on cycles. 📍 Moving well below the negative 0.50 threshold, the indicator signals a significant shift in market behavior. Institutional flows currently favor idiosyncratic drivers over broader stock market sensitivity. 💡 Expect this trend to persist as Bitcoin reacts to sector-specific geopolitical and regulatory catalysts. Monitor the negative regime closely; total independence from equities remains the ultimate bullish signal.