Stonks down while corn is up.
This is very significant. Historically there's been a strong correlation between the S&P 500 and BTC. It's been detaching more and more recently.
This reflects the market values Bitcoin more than "traditional" assets.
Discussion
Decoupling good
even as stocks were trading higher compared to bitcoin over the last few months i'm just pleased to see significant de-correlation between the two.
far too often do people detract from spot investing in cryptocurrency by saying "just buy the stock". if there is a clear distinction between the price momentum of both categories i think that's ultimately bullish for crypto.