#BTCvsMarkets

> Since the beginning of 2024, $BTC has shown a performance superior to Nasdaq, SP500, and gold.

Some figures (YTD):

- $BTC: +47%

- Nasdaq: +12%

- Gold: +8%

- SP500: +10%

It’s not just a question of return. It’s a structural behavioral change.

Bitcoin is reacting less and less to Fed rates, and more and more to its own internal cycles: halving, ETF flows, institutional adoption.

Is this the beginning of a real decoupling? Or just a temporary autonomous bubble?