Bitcoin (BTC) Decoupling From Wall Street: A Signal for New Records in 2025?
2025 has actually started on a favorable note, with Bitcoin back to 6 figures, trading above $100,000. In spite of climbing up by practically 8% over the previous week, BTC is yet to recover its just recently developed all-time high above $108,000.
Bitcoin's divergence from equities recommends a minimized connection, raising hopes for a bullish 2025 and brand-new all-time highs.
Compromising Bitcoin-Equity Correlation
There has actually been a noteworthy shift in the connection in between cryptocurrency and equities, especially Bitcoin and the S&P 500. Given That Donald Trump was chosen as the 47th United States President in November 2024, the 2 markets have actually been carefully connected.
Information from Santiment showed Bitcoin getting momentum, rising by over 3% in a single day comp...