US EditionBitcoin Breaks Away From Wall Street and Proves Itself
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Bitcoin Breaks Away From Wall Street and Proves Itself
April 2025 was one of the most chaotic months on record. The S&P 500 fell 21% in five weeks… The Nasdaq fell 26% over the same period… But Bitcoin? It was actually up over this same period. That’s highly unusual. Historically, Bitcoin has acted like a “high beta” version of the Nasdaq. Whenever the Nasdaq rallied, Bitcoin went farther. When the Nasdaq fell, Bitcoin crashed harder. From 2020 to 2023, the 90-day correlation between Bitcoin and the…
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