Bitcoin Decouples from Nasdaq, Signals New Diversification Opportunity

Over the last week or two, the world’s most famous cryptocurrency has shown signs of decoupling from the movements of the Nasdaq — a trend that could significantly impact how investors think about diversifying their portfolios. A Shift Toward Gold-Like Behavior While BTC had long been seen as a highly volatile asset that often moved in tandem with tech stocks, especially those listed on the Nasdaq, a new pattern is emerging. The CEO noted that Bitcoin is no longer following the fluctuations of the Nasdaq as closely as it once did. Instead, it has started to trade more in line with gold, which has traditionally been viewed as a hedge against inflation and a safe haven during times of economic uncertainty source: https://coindoo.com/bitcoin-decouples-from-nasdaq-signals-new-diversification-opportunity/