#BTCvsMarkets BTC vs. Markets: Bitcoin’s Divergence and Macro Drivers

Bitcoin (BTC) has surged past $93,800, decoupling from volatile equities amid U.S. stock turbulence and a weakening dollar, as investors increasingly view it as a hedge against macroeconomic uncertainty . Its 30-day correlation with the S&P 500 has dropped to 0.65, diverging from traditional risk assets while outperforming gold (+10% vs. +8% in April) . Analysts attribute BTC’s resilience to rising global liquidity (M2 money supply), with historical bull markets aligning with central bank monetary expansion . Spot Bitcoin ETFs saw $381M inflows in a single day, signaling institutional confidence .

Despite tariff risks and Fed policy debates, BTC’s technical breakout above key resistance levels (e.g., $88,000) and rising open interest ($38.6B futures) suggest bullish momentum . Analysts project a potential rally to $120K–$130K by mid-2025 if global M2 growth persists . Meanwhile, corporate adoption accelerates, with firms like MicroStrategy holding $18B in BTC as a hedge against inflation . While stocks rely on earnings and Fed rates, Bitcoin’s trajectory hinges on regulatory clarity and macroeconomic liquidity trends, solidifying its role as a digital alternative to traditional markets .