🚨 BITCOIN JUST BROKE UP WITH STOCKS — AND IT'S NOT PRETTY
Nasdaq ripped +1.6% and the S&P 500 +1.31% yesterday — but BTC didn't move. It's stuck near ~$73,600 while stocks pushed higher. 👀
Hot October CPI (+0.4% vs 0.3% expected) has traders pricing a December Fed hike as near-certain. BTC is now ~5% behind stocks since the Nov 5 sell-off — and down 8%+ this week.
Is this decoupling the bottom signal — or proof crypto is on its own now? 👇
#Bitcoin #BTC #Crypto
Nasdaq ripped +1.6% and the S&P 500 +1.31% yesterday — but BTC didn't move. It's stuck near ~$73,600 while stocks pushed higher. 👀
Hot October CPI (+0.4% vs 0.3% expected) has traders pricing a December Fed hike as near-certain. BTC is now ~5% behind stocks since the Nov 5 sell-off — and down 8%+ this week.
Is this decoupling the bottom signal — or proof crypto is on its own now? 👇
#Bitcoin #BTC #Crypto