Bitcoin is holding $80k while the AI trade burns down
Nasdaq 100 lost over 5% this week. Semis just went red for 8 straight sessions the worst since 2008. CoreWeave bonds are pricing a 60% default.
And BTC? Still parked around $81k
Coinbase says the Bitcoin to chip stock correlation has fallen to under half its January peak.
The thing everyone called a Nasdaq bet is refusing to follow it down.
That is what decoupling looks like in real time.
Buying this or waiting for lower?
Not financial advice.
#Bitcoin #BTC #CryptoMarket
Nasdaq 100 lost over 5% this week. Semis just went red for 8 straight sessions the worst since 2008. CoreWeave bonds are pricing a 60% default.
And BTC? Still parked around $81k
Coinbase says the Bitcoin to chip stock correlation has fallen to under half its January peak.
The thing everyone called a Nasdaq bet is refusing to follow it down.
That is what decoupling looks like in real time.
Buying this or waiting for lower?
Not financial advice.
#Bitcoin #BTC #CryptoMarket