#MarketRebound
Bitcoin Surges Above $94K, Signals Potential Decoupling from Stocks
Bitcoin briefly climbed above $94,000 on Wednesday morning before pulling back to $93,000, hinting at a possible divergence from traditional equity markets.
BTC Continues Rally Amid Economic Uncertainty
Despite ongoing economic unpredictability, amplified by former President Donald Trump’s erratic trade policies, Bitcoin has maintained a strong upward trend. Notably, its correlation with major stock indices like the Nasdaq and S&P 500 appears to be weakening.
Market Snapshot
At the time of writing, BTC was trading at $93,406.06, having fluctuated between $94,535.73 and $90,455.69 during the session. The cryptocurrency is up 2.97% from the previous day and has gained 10.09% over the past week.