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📌 Bloomberg: BTC diverges from the stock market for the first time in a decade
The S&P 500 is up 16% year-to-date, while Bitcoin has dropped 3%—a gap not seen since 2014.
What’s happening:
• Speculative capital is moving from crypto to gold and other metals
• Inflows into Bitcoin ETFs have noticeably slowed down
• Even new BTC all-time highs last only a few days
• The market is lacking the “hot” money that used to drive volatility
Bitcoin is now behaving less like a hype-driven asset and more like a mature market that depends on real capital flows.