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Bitcoin Is Starting to Trade Like a Battered Software Stock — And the Market’s Noticing
Here’s the blunt truth: Bitcoin isn’t acting like digital gold right now. It’s moving in lockstep with the very software stocks getting crushed by AI fears.
The numbers tell the story. On a 30-day rolling basis, Bitcoin’s correlation with the iShares Expanded Tech-Software ETF (IGV) has climbed to 0.73 — a strong positive link. Year-to-date, IGV is down ~20%, Bitcoin is down ~16%. Meanwhile the broader Nasdaq 100 is only 4% off its highs. Software is taking the real beating, and BTC is riding shotgun.
Why This Matters
Investors are no longer treating Bitcoin as a standalone asset or inflation hedge. They’re pricing it as just another tech play — specifically, one that looks a lot like the software names suddenly facing an “existential threat” from AI. That shift breeds caution, kills risk appetite, and ramps up selling pressure. Social sentiment has turned skeptical fast.
History Rhymes
We’ve seen this movie before. During the 2022 tech/crypto winter and macro tightening, Bitcoin decoupled for a bit, then snapped right back into sync with tech equities — and both got hammered together.
Tech bear markets average about 14 months. This one started in early October. If the pattern holds, pressure could linger through much of 2026. Another 10-20% downside isn’t off the table if software keeps bleeding.
The Ripple Effect
Closer correlation = higher vulnerability. A fresh shock to software (more AI disruption headlines, for example) can now cascade straight into crypto, spiking volatility and triggering leveraged liquidations. Bitcoin is, at its core, open-source software — so it’s not immune to the same macro and sectoral risks as traditional tech. That erodes its old diversification appeal.
My Call: Hold (With Eyes Wide Open)
Why? The near-term driver is external tech-sector pain, not Bitcoin’s fundamentals. Long-term, those fundamentals (scarcity, adoption, network effects) are still rock-solid. Panic selling here is usually a mistake; aggressive buying into weakness is equally risky.
Execution
- Sit tight on existing positions.
- Watch tech indices, moving averages, RSI, and any signs of decoupling.
- If Bitcoin stabilizes at key support and starts diverging from software stocks, that’s your cue for phased buying.
Risk Management
- Trail stops to protect gains.
- Trim if correlation stays this tight and software keeps rolling over.
- Diversify — don’t let one sector’s meltdown wreck your whole book.
This is classic hedge-fund playbook stuff: high conviction on the long-term thesis, but disciplined short-term risk control. Bitcoin still has the best long-term setup of any major asset. Just don’t pretend it’s magically uncorrelated right now — because the tape is saying otherwise.
Stay sharp.
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#Ripple

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Bitcoin and the cryptocurrency market have been negatively affected by the tension between Israel and Iran.
At this point, cryptocurrency markets fell sharply as investors reacted to renewed military activity in the Middle East and Israeli airstrikes on Iran led to broader risk aversion.
Bitcoin fell to $103,000 before recovering to $104,600, while Ethereum and altcoins also experienced significant declines.
ETH is down 8.8% in the last 24 hours, while XRP is down 5% and Solana (SOL) is down 9%.
However, one analyst said that despite the declines and rising geopolitical tensions, XRP and Solana are still seeing positive influence from corporate narratives and continue to attract institutional interest.
Speaking to Coindesk, Bitget Research Chief Analyst Ryan Lee said that XRP is attracting attention with its growing share in institutional treasuries.
At this point, Ryan Lee stated that companies such as Chinese company Webus International ($ 300 million), VivoPower ($ 121 million), Wellgistics ($ 50 million) and Trident ($ 500 million) are creating XRP buying pressure approaching $ 1 billion.
“The increase in institutional XRP treasuries is a sign of greater institutional adoption of XRP due to its low-cost, high-speed payment capabilities.”
At this point, Lee said that regulatory clarity around XRP and ETF speculations could push XRP to $5 by mid-2025. However, Lee added that downside risks for XRP also remain.
Interest in Solana (SOL) Continues!
Ryan Lee, who also outlined his Solana estimates, said institutional interest in Solana remains buoyant, as SOL benefits from solid network fundamentals and ETF demand, with data pointing to further gains.
Solana rose to around $165, supported by over $1.2 billion in Q1 execution revenue and increased open interest in the futures markets, Lee noted.
This signals renewed confidence in Solana among both retail and institutional players.
At this point, the analyst stated that if the current momentum in Solana continues, the SOL price could rise to the $200-250 range or even exceed $300.
*This is not investment advice.
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Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has delivered one of his starkest economic warnings yet, declaring that the global financial system has entered its final phase. His book, which has sold millions of copies and been translated into dozens of languages worldwide, has made him a leading voice in financial education.
Now, he says the crisis he’s long predicted is no longer in the future — it’s here. Kiyosaki shared on social media platform X on May 21:
The END is here … The party is over. Hyperinflation is here. Millions, young and old to be wiped out financially. Good news. Gold will go to $25,000. Silver to $70. Bitcoin to $500K to $1 million.
The renowned author pointed to a recently failed U.S. bond auction. “The Fed held an auction for U.S. bonds, and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money,” he said. Kiyosaki described the move as confirmation that confidence in the dollar is vanishing, and that the system is now cannibalizing itself. “The END I have been warning the world about is HERE. May God have mercy on our souls,” he wrote.
On May 20, Kiyosaki lambasted the financial industry’s long-standing claim that U.S. bonds are safe, calling it a “Big F’n Lie.” He stressed: “Lesson: Nothing is safe if there is ‘counter party-risk.’” He criticized financial advisors for misleading clients, comparing trust in fiat and institutional finance to trusting a known criminal with your children.
Instead, the famous author renewed his call for people to exit paper assets and embrace tangible stores of value: “As you know, I have been a broken record pleading with people to buy real gold, silver, and bitcoin… no ETFs. ETFs are more expensive toilet paper.” He continued:
Gold, silver and bitcoin are money. Everything else is toilet paper. That is why I have been saying for years…‘Savers (of toilet paper) are losers.’
For years, Kiyosaki has warned that the U.S. economy is teetering on collapse, propped up by debt, manipulation, and what he calls “fake money.” He continues to urge people to prepare by holding bitcoin, gold, and silver — not fiat, not bonds, and not trust in the system

Bitcoin (BTC) enthusiasts are celebrating Bitcoin Pizza Day with a banger. BTC made a new all-time high on Wednesday and has entered price discovery mode. The OG cryptocurrency is trading above $110,000 for the first time ever. The milestone comes as the crypto community cherishes the anniversary of the first real-world Bitcoin transaction.
Is Bitcoin now a safe-haven asset?
The Bitcoin rally to record highs comes in the midst of tectonic moves that are shuffling how traditional assets are perceived by financial markets. 
US Treasury yields are on the rise, with the 30-year Treasury bond yield briefly surpassing 5% this week as Moody’s downgraded the US sovereign debt rating and the US Congress is debating a new tax bill that could shed billions in taxes and add them to the government deficit. 
The correlation between Bitcoin price and the US stock markets is also on the decline. While Bitcoin was making new all-time highs, the S&P 500 lost 1.61% on Wednesday. Institutional and retail investors are increasingly viewing Bitcoin as a portfolio diversifier and a hedge against macroeconomic uncertainty.
 
Henry McVey, KKR’s head of global macro and asset allocation, explained earlier this week in a note that asset managers are seeing both their offensive assets (stocks) and defensive assets (government bonds) decline in value at the same time. “During risk-off days, government bonds are no longer fulfilling their role as the 'shock-absorbers' in a traditional portfolio,” McVey added. 

BTC has decisively outperformed major US equities in 2025. The biggest cryptocurrency is currently up 18% year-to-date, while the S&P 500 closed trading on Wednesday at 5844.61,  0.41% short of its opening levels for 2025. Gold, the most classic safe-haven, has also hit new all-time highs this year above $3,200 per troy ounce, and is rallying again after a brief retracement.
How high can Bitcoin go?
The latest all-time high fuels the debate over Bitcoin’s long-term potential. The list of skyrocketing price predictions is no longer limited to cryptocurrency enthusiasts and long-term HODLers. Institutional analysts and asset managers are also joining the party.
Geoff Kendrick, Head of Digital Assets at Standard Chartered, published a projection on Tuesday saying that Bitcoin could reach $500,000 by 2029. Kendrick points to growing institutional and government interest, especially via indirect exposure through vehicles like MicroStrategy: "The quarterly 13F data (which gauges future demand for Bitcoin from institutions) is the best test of our thesis that BTC will attract new institutional buyer types as the market matures, helping the price reach our $500,000 target level,” Kendrick said.
"We believe that in some cases, MSTR holdings by government entities reflect a desire to gain Bitcoin exposure where local regulations do not allow direct BTC holdings,” he added. Kendrick had already projected a BTC $200,000 price target for the end of 2025 in February.
Cathie Wood’s ARK Invest also published highly ambitious price targets for Bitcoin in April. David Puell, a Research Trading Analyst at the investment firm, set a base case target of $710,000 for Bitcoin by the end of 2030, with a bull case as high as $1.5 million or more. 

ARK’s price models consider adoption by institutional investors, Bitcoin’s role as digital gold, safe-haven demand in emerging markets, and growing use in on-chain financial services. According to Puell, institutional investment is the largest driver in their bull scenario, with Bitcoin potentially capturing a significant share of the global market portfolio and Gold’s market cap.
What is Bitcoin Pizza Day?
Every May 22, Bitcoin enthusiasts celebrate the first purchase of a real-world product with BTC. On this day in 2010, Laszlo Hanyecz, a programmer and early bitcoiner based in Florida, made history by buying two Papa John’s pizzas for 10,000 BTC. 
Hanyecz explained to CBS News’ popular TV show 60 Minutes five years ago how that historical transaction happened. He posted a question on the Bitcoin forum: “If anybody is interested, I am offering 10,000 BTC in exchange for some pizza.” Then, somebody picked that offer, ordered and paid for the pizza with his credit card, and got the bitcoins from Hanyecz, who received the pizza at his house in return.

That transaction, worth about $25 at the time, forever established Bitcoin as more than just a digital curiosity, validating its potential as a medium of exchange with real-world value.
Bitcoin Pizza Day has since become a legendary event in crypto culture, celebrated every year around the world. Every year on May 22, Bitcoin enthusiasts meet in community events to eat some pizza. It serves as a reminder of both Bitcoin’s humble beginnings, its astonishing journey to mainstream adoption, and its current success as an investment and trading asset.
How much would those two pizzas be worth today?
If Laszlo Hanyecz had held onto his 10,000 BTC, those two pizzas would now be worth a whopping $1.1 billion at the current price of $110,000 per Bitcoin.
With that amount, Hanyecz could purchase today some of the most unique real estate properties like Ken Griffin’s mansion in Florida (allegedly the world’s most expensive house), “The Streets of Monaco”, the world’s largest yacht, or US sports franchises like the Miami Marlins of Major League Baseball. 
What was once a $25 pizza order could now match the economic scale of some of the most exclusive assets in the world. Still, Hanyecz has never regretted the transaction. 
“People laugh at that, but at the time, it was not worth anything,” he said.

Indijas Augstākā tiesa ir pastiprinājusi spiedienu uz valdību regulēt kriptovalūtas, kritizējot bitcoin tirdzniecību kā hawala līdzīgu un brīdinot par tās neierobežoto ietekmi uz ekonomiku.

Augstākā tiesa aicina izstrādāt centrālo politiku, uzskatot kriptovalūtu par hawala līdzīgu darbību
Indijas Augstākā tiesa aicināja centrālo valdību izveidot skaidru politiku kriptovalūtu regulēšanai, norādot uz bažām par tās ekonomisko ietekmi un salīdzinot bitcoin darījumus ar nelikumīgām finanšu aktivitātēm. Pirmdien, izskatot garantijas pieteikumu vīrietim, kurš apsūdzēts nelikumīgās bitcoin tirdzniecības veikšanā Gudžaratā, tiesnešu sastāvs, kurā ietilpa tiesneši Surya Kant un N. Kotiswar Singh, pacēla šo jautājumu papildu advokāta ģenerāļa Aishwarya Bhati priekšā, kurš pārstāvēja Centru. Tiesnešu sastāvs norādīja:

Despite its current lackluster price action, many crypto analysts have agreed through various analyses over the past few years that XRP has a very bright parabolic rally ahead. This sentiment has particularly gained ground due to its price action in Q4 2024, leading to a multi-year high of $3.34 in January 2025. 
Although XRP has retraced quite a bit from this high, this hasn’t stopped bold long-term projections from resurfacing. One of the more striking forecasts comes from a crypto analyst who believes the altcoin will not only rally into double digits soon but eventually stabilize at $1,000 and become one of the most expensive digital assets in the world.
Crypto market commentator BarriC shared a post on social media platform X outlining a future price trajectory for XRP that begins with a major surge in the coming months. BarriC’s post begins by criticizing the perception that the current price range, which remains below $3, reflects failure. Instead, he views this phase as an accumulation opportunity before a massive breakout. 
According to the analyst, there’s a high possibility that the XRP price will climb to somewhere between $10 and $20 in the next few months. Such a move would undoubtedly be accompanied by a surge in the trading volume and activity surrounding XRP. One such primer is if the cryptocurrency somehow gains full utility and adoption with banks in the next few months, or through the launch of a Spot XRP ETF. This surge, BarriC noted, would likely coincide with the final stages of the current altcoin season.
Following that, he expects a significant market correction, similar to past cycles, which would bring XRP back down to the $5 to $10 range. Previous cycles dating back to 2016 have typically ended with a sharp 50% market dip. If this happens again, the lower boundary for the next cycle could land between $5 and $10. This mid-cycle dip, according to BarriC, will be the last time XRP is considered cheap before it enters a fundamentally different phase.
BarriC’s prediction is ultimately based on banks’ mass institutional adoption of XRP. He noted that when the asset becomes deeply integrated into the daily operations of banks and financial institutions, we will see a $1,000 XRP. Once trillions of dollars begin flowing consistently through the XRP Ledger, there will be no more volatility and bear market phases for its price. 
At that point, BarriC believes the altcoin will stabilize at a $1,000 valuation, not as a temporary peak but as a structural price floor. In this case, future investors may only be able to afford fractions of one XRP, much like Bitcoin currently.
At the time of writing, XRP is trading at $2.30, down by 2.35% in the past 24 hours. XRP has been steadily declining from $2.62 in the past seven days.
Trade Here $XRP

JP Morgan vadītājs Džamijs Dimons pirmdien teica, ka viņa banka ļaus klientiem iegādāties $BTC —pēdējais pierādījums bankas pieaugošajai atvērtībai pret šo aktīvu, neskatoties uz Dimona gadiem ilgo kritiku par lielāko kriptovalūtu pēc tirgus vērtības un digitālajiem aktīviem kopumā.

Investīciju bankas investoru dienā Dimons teica, ka JP Morgan klienti drīzumā varēs iegādāties BTC, lai gan banka to neuzglabās.

"Mēs ļausim jums to iegādāties," teica Dimons bankas ikgadējā investoru dienā pirmdien. "Mēs to neuzglabāsim. Mēs to iekļausim klientu izrakstos."

The crypto market is traversing through a sharp pullback today, largely due to profit-taking after a notable uptrend. That surge was previously fueled by lower U.S. inflation data, strong Chinese tech earnings, and optimism surrounding a U.S.-China trade deal. However, investor caution has returned, particularly with Producer Price Index figures on the horizon, and the $3.1 billion options expiry.
The volatility has been evident in the numbers in the crypto market. At the time of press, the global crypto market cap has fallen by 2.24% to $3.29 trillion, with 24-hour trading volume down 22.55% to $118.77 billion. The tremors can be felt in Bitcoin, Ethereum, and XRP prices, and we will be exploring what lies ahead for the top 3 cryptos.
Bitcoin (BTC) Price Prediction:
Bitcoin price is now trading at $102,3098.18, with a 1.65% drop since yesterday. BTC’s market cap now hovers around $2.03T, while trading volume has slipped by 11.28% to $44.85B. Talking about BTC’s price bandwidth today, it briefly touched a daily low of $101,540.87 and hit a high of $104,303.57.
Looking at the chart, Bitcoin faces immediate resistance at $105,000, and if bulls mark that level, it could make another attempt at the psychological resistance at $110,000. On the flip side, support at $101,000 is critical, a break below this could hammer the price toward the $100,000 level. $BTC
Ethereum (ETH) Price Prediction:
Ethereum has retraced back 2.44% since yesterday to $2,556.63, with a steep drop of 38.89% in intraday volume now at $23.47B. ETH’s market cap has slipped to $308.88B. ETH found support at $2,517.25, while facing resistance near $2,645.07.
The RSI sits in the overbought territory, yet indicates that bullish momentum remains intact for now. Should ETH bounce off its 200-day EMA at $2,431, it may rally again toward the $2,645.07 resistance, after encountering one at $2,517.25. And possibly retest $3,000, a major psychological hurdle. However, a daily close below the 200-day EMA could open doors for a retreat toward $2,000 support. $ETH
XRP Price Prediction:
XRP is currently trading at $2.47, with a sharp 5.72% decline, with market cap and volume both reflecting bearish pressure. The coin hit a low of $2.45 and was capped at a high of $2.62 in the last 24 hours.
Technicals show XRP facing immediate resistance at $2.50, and a break above could fuel a push toward the $3 psychological level. However, any deeper correction may drag XRP down to its 50-day EMA around the $2.20 support level, which could serve as a make-or-break zone. $XRP
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