📉📈 Do cryptocurrencies dance to the rhythm of Wall Street? 🤔💸
Yes… but not always! 🔄💥
👉 When the big players on Wall Street 🧑💼💼 like BlackRock or Fidelity bet on $BTC or $ETH , prices often move alongside the Nasdaq or the S&P 500 📊📉
🟢 High correlation in:
🚀 Bullish cycles with a lot of #FOMO
📆 Fed decisions (rates 💰 and inflation 🔥)
💼 Institutional investments
🔴 Decoupling when:
💣 There are crises specific to the crypto world (FTX, Terra)
🧠 The crypto market enters massive speculation mode regardless of the global economy
📌 In 2024, we saw BTC and Nasdaq 🧲 very close together… but also moments 🔓 where crypto broke free and soared solo! 🕊️⚡
💬 What do you think? Are we tied to Wall Street or is crypto already walking on its own feet? 🧠💬