#BTCvsMarkets Bitcoin (BTC) has shown a unique relationship with traditional markets, often defying expectations. Initially perceived as a hedge against market volatility, BTC's correlation with stocks, particularly tech stocks, has increased over time. During the 2020 pandemic, BTC's price movements mirrored those of the S&P 500, contradicting its expected safe-haven status. However, some argue that BTC's decentralized nature and limited supply could still provide a hedge against inflation and market downturns. The ongoing debate centers around whether BTC's value is driven by its utility as a digital asset or its speculative appeal, influencing its relationship with traditional markets.