Bitcoin's Resilience: Outperforming the Nasdaq Bitcoin (BTC) has demonstrated remarkable resilience this year, outperforming the Nasdaq index significantly. According to CoinDesk, the BTC/Nasdaq ratio has surged to 4.96, its highest point since January, indicating Bitcoin's relative strength. Year-to-Date Performance: BTC vs. Nasdaq While Bitcoin has experienced a year-to-date decline of approximately 6%, the Nasdaq index has fallen by a more substantial 15%. This highlights Bitcoin's increasing ability to weather market volatility compared to traditional tech stocks. Since November of last year, following Donald Trump's election victory, Bitcoin has surged by 30%, while the Nasdaq has declined by 12%. Why This Matters This divergence suggests Bitcoin is becoming less correlated with traditional markets and potentially establishing itself as a more independent asset class. The rise in the BTC/Nasdaq ratio indicates that BTC is proving more resistant to declines than Nasdaq, offering investors a potential hedge against broader market downturns. This trend is also reflected in cryptocurrency-related stocks, further solidifying the sector's relative strength. ```