Bitcoin Tech Correlation Breakdown
Bitcoin's correlation with tech stocks has turned negative, indicating a structural shift in its market behavior.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"Using approximately 5,833 BTC at both endpoints, calculated Bitcoin per share slid about 98%, from roughly 204,000 satoshis at the later-reported September baseline to about 4,000 satoshis at June 30."
"Bitcoin has underperformed compared to other 'risk-on' assets this year... the asset's current slump is down to supply mechanics rather than risk sentiment."
"The criticism has largely come from its lack of retail momentum—which may not be a bad thing considering retail has crowded into AI."
"Conversely, the Bull Bear Power indicator, which measures the strength of buyers and sellers, flashed a 'Sell' signal. The Moving Average Convergence Divergence indicator also gave a bearish reading."
""Bitcoin’s correlation with the Nasdaq turned negative in 2025 for the first time since 2014, a structural shift worth watching.""