Bitcoin has been standing out against traditional markets, registering a remarkable resilience amidst the volatility of stocks. In April 2025, BTC accumulated a rise of 2.8% in the month up to April 19, while the S&P 500 dropped 7.2% in the same period, signaling a clear divergence in performance. Furthermore, by April 23, Bitcoin managed to recover and remain practically stable for the year, contrasting with the nearly 10% drop of the S&P 500 in 2025.
This dissociation, evidenced by the almost zero correlation between BTC and stock indices – with Santiment's divergence coefficient falling from 0.16% to 0.083% in just two weeks – reinforces the perception that Bitcoin can act as a diversification asset or store of value in times of stress in traditional markets. Many analysts see this movement as the beginning of a new appreciation cycle, driven by the search for protection against macroeconomic risks and the growing institutional adoption of the crypto asset.
