Bitcoin is currently on its own path
The price of Bitcoin still
#البيتكوين ( is experiencing a correction after dropping nearly 36%.
Meanwhile, the S&P 500 and Nasdaq indices are approaching their all-time highs.
Notably, the correlation between them has diminished. The correlation of
#BTC with stocks has fallen to its lowest level this year.
Throughout most of this cycle, Bitcoin trading resembled high-volatility tech stock trading, strengthened by ETFs, financial institutions, and Treasury bond buyers. But this recent divergence indicates something else.
Bitcoin is not "lagging" behind sto