The recent data from IntoTheBlock suggests that Bitcoin is no longer moving in sync with the S&P 500, with the correlation between the two reaching zero. This indicates a decoupling of Bitcoin from traditional financial markets, which last occurred in November 2024 right before Bitcoin surpassed $100,000. It is uncertain how long this divergence will last and if it will have a positive impact on Bitcoin like it did in 2024. While this decoupling may provide easier conditions for the cryptocurrency market, Bitcoin's correlation with tech stocks and the risk of stagflation could pose a significant risk. However, Bitcoin's status as digital gold could offer a positive outlook during challenging economic times. The link between Bitcoin and gold remains steady, but altcoins trade more and their future is less certain. Overall, while Bitcoin may maintain strength and dominance in the market, altcoins may face challenges if economic conditions worsen.



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