The increasing institutional adoption and ownership of BTC by major entities such as BlackRock, Coinbase, and even the US government has made Bitcoin increasingly correlated with traditional markets.
This makes BTC vulnerable to global market pressures, but simultaneously strengthens its position as part of a broader global financial system.
This means BTC no longer stands alone as it did a decade ago.
Macroeconomic and geopolitical factors now have a significant influence on prices and have become a relevant instrument for portfolio diversification.
What do you think?
The image is for illustration purposes only.