Bitcoin’s Market Behavior Shows Significant Decoupling from U.S. Stocks

Bitcoin’s market behavior is undergoing a notable divergence from traditional equities, according to recent data. Over the past week, Bitcoin’s correlation with the S&P 500 has sharply declined from 0.68 to 0.27, marking its strongest decoupling since 2024. Similarly, its correlation with the Nasdaq has also weakened. This shift indicates that Bitcoin is increasingly moving independently of U.S. stock markets, a development that could signal its maturation as an asset class. Simultaneously, Bitcoin is developing an inverse relationship with gold, with correlation coefficients flipping from slightly positive (0.05) to negative. This suggests that investors may be starting to view Bitcoin as a potential hedge against market volatility, similar to gold. As of now, the price of Bitcoin stands at 103,657.67000000 USDT. This decoupling from traditional equities and strengthening ties with gold could have significant implications for Bitcoin’s future price trajectory and its role in diversified investment portfolios.

Bitcoin Decouples from U.S. Stocks as Gold Correlation Strengthens

Bitcoin’s market behavior is undergoing a notable divergence from traditional equities. Data from OKX Ventures reveals a sharp decline in BTC’s correlation with the S&P 500 (0.68 to 0.27) and Nasdaq over the past week, marking its strongest decoupling since 2024.

Simultaneously, the cryptocurrency is developing an inverse relationship with gold, with correlation coefficients flipping from slightly positive (0.05) to significantly negative (-0.51). This realignment suggests investors may be treating Bitcoin more as a macro hedge than a risk asset.

The shift comes amid changing institutional positioning, with gold ETFs seeing outflows while bitcoin investment products record consistent inflows. Market technicians note the 30-day rolling correlation between BTC and the S&P 500 has reached its lowest level since the 2021 bull market.

BlackRock Exec Advocates Bitcoin as Uncorrelated Asset Amid Market Uncertainty

Bitcoin’s valuation should reflect its role as an uncorrelated asset that gains appeal during periods of global instability, according to Jay Jacobs, BlackRock’s US Head of Equity ETFs. In a CNBC interview, Jacobs emphasized Bitcoin’s long-term decoupling from US tech stocks, noting a mere 2-3% correlation with traditional equities.

"Crypto thrives on uncertainty—it’s the antithesis of what drives stock markets," Jacobs stated. While short-term market stress may obscure this dynamic, Bitcoin’s fundamental value lies in its divergent behavior during geopolitical or economic turbulence. The digital asset traded NEAR $94,000 during the discussion.

Bitcoin Bulls Regain Control as Sentiment Shifts Amid $90K Rebound

Bitcoin’s reclaim of the $90,000 level has ignited a dramatic sentiment shift, with the Bitcoin Advanced Sentiment Index signaling growing bullish momentum. After weeks of sideways trading, the resurgence suggests the potential for a sustained recovery rally as buyers target higher resistance levels.

Geopolitical risks linger. The US-China trade war remains a wildcard capable of disrupting crypto markets for months—or longer—depending on negotiation outcomes. Yet CryptoQuant data reinforces the bullish case, pointing to underlying strength despite macro uncertainties.

Bitcoin ‘Apparent Demand’ Makes Sharp Rebound – Will BTC Breakout Soon?

Bitcoin’s market dynamics are flashing bullish signals as its Apparent Demand metric surges back into positive territory. The 30-day cumulative demand indicator, which tracks wallet accumulation and exchange outflows, has reversed a prolonged negative trend. This resurgence coincides with BTC’s approach toward the psychologically critical $100,000 threshold.

Analysts interpret the demand rebound as institutional accumulation gaining momentum. The metric’s recovery from extended bearish territory suggests sustained buying pressure may be building. Market technicians note such on-chain fundamentals often precede significant price movements in Bitcoin’s volatile cycles.

Bitcoin Dominance Threatens Altcoin Season Prospects

Bitcoin’s market dominance has surged to a critical threshold, casting doubt on the anticipated altcoin season. The cryptocurrency now commands over 63.96% of the total market capitalization, approaching a decisive resistance level at 64.45%.

Analysts warn that a monthly close above this technical barrier could derail altcoins’ potential to outperform Bitcoin. Rekt Capital highlights the historical significance of this dominance level, which previously marked turning points in market cycles.

The resilience of Bitcoin’s dominance persists despite April’s price correction, reaching heights unseen in two years. This development challenges the prevailing market sentiment that had positioned altcoins for a breakout rally.

BTSE Launches $5.22M Bitcoin Pizza Day 2025 Celebration with Trading Competitions and Community Events

BTSE is marking Bitcoin Pizza Day 2025 with a month-long extravaganza featuring a 5.22 million USDT prize pool across trading competitions and community engagements. The event, running from April 26 to May 26, invites global crypto traders and enthusiasts to participate in promotions, giveaways, and a creative photo contest.

From April 26 to May 10, participants joining BTSE’s Telegram community (@BTSEcom) gain entry into a lucky draw for a limited-edition disposable camera. The subsequent phase, from May 11 to May 26, focuses on capturing Bitcoin culture through creative photography, aligning with BTSE’s brand ethos.