📌RE: Decoupling between BTC & SPX

Based on quantitative macro factors, it looks like Bitcoin has become less influenced by changes in global growth expectations and more by other factors (monetary policy, Dollar etc).

Meanwhile, the S&P 500's performance remains dominated by global growth expectations.

TL;DR:

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗺𝗼𝗿𝗲 𝗼𝗻 𝘁𝗵𝗲 𝘁𝗮𝗶𝗹𝘄𝗶𝗻𝗱𝘀 (𝗹𝗼𝗼𝘀𝗲 𝗺𝗼𝗻𝗲𝘁𝗮𝗿𝘆 𝗽𝗼𝗹𝗶𝗰𝘆, 𝘄𝗲𝗮𝗸𝗲𝗿 𝗗𝗼𝗹𝗹𝗮𝗿) 𝗮𝗻𝗱 𝗹𝗲𝘀𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗵𝗲𝗮𝗱𝘄𝗶𝗻𝗱𝘀 (𝘀𝗹𝗼𝘄𝗶𝗻𝗴 𝗴𝗹𝗼𝗯𝗮𝗹 𝗴𝗿𝗼𝘄𝘁𝗵) 𝗹𝗶𝗸𝗲 𝘁𝗵𝗲 𝗦&𝗣 𝟱𝟬𝟬.