đŠ Americaâs Biggest Banks Are in Correction Territory. Bitcoin Isnât.
Peak to recent low:
Goldman Sachs: -24%
Bank of America: -19%
Morgan Stanley: -19%
Citigroup: -15%
JPMorgan: -11%
A correction means a drop of 10% or more from a peak. Goldman is already past the 20% line that usually marks a bear market.
Bitcoin, meanwhile, is up roughly 30% since mid-August and only about 5% off its October high.
The divergence is real. The victory lap is premature.
Bitcoin is still about a third below its 2025 record high, and this week it lost the $82.5K floor of its range and tested $80K. At $82.8K, itâs sitting right on that line.
The âold system dying, new system thrivingâ story makes a great tweet. Markets are messier, and bank stress has pushed Bitcoin both ways before.
In March 2023, US regional banks failed and Bitcoin ripped, but much of the fuel was the Fedâs emergency lending. In March 2020, stress became a dash for cash and Bitcoin got sold with everything else.
So the real question is whether bank weakness brings rescue liquidity or a squeeze where everyone scrambles for cash. With the Fed hiking as recently as September, a quick rescue isnât a given.
Next week brings answers. JPMorgan kicks off bank earnings on Tuesday, and the money set aside for bad loans will show if the fear is real. September inflation data (CPI) lands Wednesday. For Bitcoin, $82.5K is the line to reclaim, $80K the floor below.
Real decoupling, or just a delayed reaction?
Not financial advice.
$BTC
$BNB
$MAGIC
Peak to recent low:
Goldman Sachs: -24%
Bank of America: -19%
Morgan Stanley: -19%
Citigroup: -15%
JPMorgan: -11%
A correction means a drop of 10% or more from a peak. Goldman is already past the 20% line that usually marks a bear market.
Bitcoin, meanwhile, is up roughly 30% since mid-August and only about 5% off its October high.
The divergence is real. The victory lap is premature.
Bitcoin is still about a third below its 2025 record high, and this week it lost the $82.5K floor of its range and tested $80K. At $82.8K, itâs sitting right on that line.
The âold system dying, new system thrivingâ story makes a great tweet. Markets are messier, and bank stress has pushed Bitcoin both ways before.
In March 2023, US regional banks failed and Bitcoin ripped, but much of the fuel was the Fedâs emergency lending. In March 2020, stress became a dash for cash and Bitcoin got sold with everything else.
So the real question is whether bank weakness brings rescue liquidity or a squeeze where everyone scrambles for cash. With the Fed hiking as recently as September, a quick rescue isnât a given.
Next week brings answers. JPMorgan kicks off bank earnings on Tuesday, and the money set aside for bad loans will show if the fear is real. September inflation data (CPI) lands Wednesday. For Bitcoin, $82.5K is the line to reclaim, $80K the floor below.
Real decoupling, or just a delayed reaction?
Not financial advice.
$BTC
$BNB
$MAGIC