$BTC hitting a new high is once again showing how strongly Bitcoin momentum can spill into crypto-related stocks. BTC is up roughly 25% over the past 7 days, while the Aug. 24 snapshot showed: $MSTR +24% $COIN +20% $CRCL +24% The interesting part is how closely these equities are reacting to the renewed strength in crypto. If BTC keeps pushing higher, these names could remain an important part of the broader market reaction. I'm watching the correlation closely on BingX TradFi. Do you think crypto stocks can keep outperforming if BTC continues its rally?
