Bitcoin: The “Digital Gold”
Bitcoin vs. Nasdaq: Decoupling or a Hedge Against Equities?
Recent market movements suggest a growing divergence between Bitcoin and traditional equity markets. While the Nasdaq has retraced to levels last seen in September 2024, Bitcoin continues to demonstrate resilience, trading significantly higher than its September levels.
Notably, during yesterday’s 6% decline in the Nasdaq, Bitcoin closed the day in positive territory and has since surged above $84,000 — reinforcing its potential role as a hedge or an increasingly uncorrelated asset.$BTC #CryptoTariffDrop #BinanceAlphaAlert