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The Decoupling Narrative
Bitcoin's correlation with the S&P 500 has turned negative for the first time in years.
This isn't noise. It's structure.
Post-ETF deleveraging reduced BTC's sensitivity to macro triggers that hammer stocks.
BlackRock's Mitchnick noted the decoupling is gaining traction $BTC held value even as major indices declined.
Stocks are selling off. Bitcoin is holding.
Hashmeta_x
The First $1
It took over two years for Bitcoin to reach $1.
On February 9, 2011, $BTC finally hit parity with the US dollar.
Time Magazine wrote about it when the total market cap hit $10 million.
Today, that's a rounding error.
$BTC
#RateHikeDelayedJobsNext
#BTCInflowETHOutflow
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