Bitcoin's recent performance is tied to the US stock market's enthusiasm, according to a recent analysis. While Bitcoin struggles to find a consistent upward trend, experts suggest a positive correlation with high-quality growth stocks within the US market. Adam Parker, founder of Trivariate Research, highlighted Bitcoin's shift from meme-stock-like behavior to a stronger alignment with growth stocks. This shift suggests increased institutional involvement and maturity within the Bitcoin market. The growing interest from traditional financial markets is evident in the significant $4 billion inflow into BlackRock's Bitcoin spot ETF (IBIT) within a single month. This influx signals a growing acceptance and integration of Bitcoin into mainstream investment portfolios. Therefore, continued positive momentum in the US stock market could provide a tailwind for Bitcoin's recovery and future growth. ```

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