$BTC relationship with stocks is weakening.
Its correlation with the Nasdaq has fallen from 60%+ to roughly 33%, while its correlation with gold has climbed above 50%.
If that trend holds, BTC may be trading more like a scarce asset and less like a tech stock.
Its correlation with the Nasdaq has fallen from 60%+ to roughly 33%, while its correlation with gold has climbed above 50%.
If that trend holds, BTC may be trading more like a scarce asset and less like a tech stock.
