Muhammad Qamar 78

Bitcoin’s First Full-Year Split From Stocks in Over a Decade
Bitcoin has broken from its long-standing correlation with equities, marking its first full-year divergence from stocks in over a decade.
The shift highlights a growing disconnect between crypto and traditional markets, raising questions about Bitcoin’s role in the current cycle.
A Historic Market Decoupling
Bitcoin and stocks have historically moved in tandem. However, that relationship appears to have fractured.
According to Bloomberg data, the S&P 500 has climbed more than 16% this year while Bitcoin is down 3%, marking the first such split since 2014.
Such a clean break is unusual even by crypto standards, prompting renewed scrutiny of Bitcoin’s role within global markets. The divergence challenges expectations that regulatory optimism and institutional participation would automatically translate into sustained performance.
It is especially striking given the broader environment, where artificial intelligence stocks are soaring, capital spending is accelerating, and investors are pouring back into equities. At the same time, traditional defensive assets are attracting attention, suggesting investors are reallocating rather than broadly embracing risk.
Crypto-specific pressures, including forced liquidations and a sharp decline in retail participation, have materially exacerbated Bitcoin’s underperformance. Billions of unwound positions have amplified downside moves, turning what began as a correction into an industry retreat.
As these signals accumulate, market sentiment has weakened, sparking debate over whether this represents a routine correction or a more significant structural change.
Normal Pullback Or Something More?
Bitcoin has long behaved as a momentum-driven asset, but the breakdown in sustained upside suggests that leadership within risk markets has shifted elsewhere.
Inflows into Bitcoin ETFs have slowed, prominent endorsements have grown quieter, and key technical indicators are flashing renewed weakness.
Price action reflects that cooling confidence. Bitcoin has struggled to regain momentum since its October peak near $126,000 and is now hovering closer to $90,000, reinforcing the sense that this divergence is being driven by fading conviction rather than short-term volatility alone.
Despite the current divergence, longer time horizons complicate the narrative. 
On a multi-year basis, Bitcoin continues to outperform equities, suggesting the recent split may reflect earlier excess gains unwinding rather than a decisive break in trend. 
From that perspective, underperformance could still align with a normal pullback within a broader bull-market cycle, despite calendar-year contrasts.

De la rareté à l'essor : l'angoisse de l'offre de XRP expliquée
XRP : Choc de l'offre à l'horizon ?
XRP pourrait bientôt disparaître des échanges du jour au lendemain — et les signes sont déjà là. Nous entrons dans un marché haussier avec une liquidité massive prête à affluer sur le marché. La plupart des investisseurs ne réagiront pas de la bonne manière, mais ceux qui sont préparés pourraient connaître des gains qui changent la vie.
Nous pourrions envisager une augmentation de 10x du prix de XRP dans un très court laps de temps. Les mathématiques le soutiennent. Mais avant de plonger dans les chiffres, examinons un facteur crucial : les dépenses d'investissement dans la technologie et les logiciels. Cette mesure soutient actuellement la croissance du PIB américain et reflète les premières étapes de la bulle Internet de 1999. À l'époque, les dépenses ont explosé, atteint un pic et se sont effondrées — entraînant l'économie dans une croissance négative. Aujourd'hui, nous sommes dans une configuration similaire.