The “decoupling” is back, but not in the way Bitcoin (BTC) bulls want.
After “Black Monday”, which was never realized in the United States, the stocks on Tuesday will fly higher, but Bitcoin is heading in the opposite direction.
About two hours into the US trading day, Nasdaq is ahead of 3% and the S&P 500 almost as much. However, Bitcoin – after pushing back over $ 80,000, however, has withdrawn to just north of $ 78,000 and within the sight of its panic -like weekend low in the area $ 75,000.
The stock jump comes after days of historical losses offset by President Trump’s sweeping customs reviews last Wednesday night. A few decent headlines help things. Among them was a Trump -social media that was posting an upcoming trade agreement with South Korea and Finance Minister Scott Bessent, who projected optimism about the US position with regard to China.
Aktie Rally is global in nature, with Europe higher with 3% near the end of its trading day and Japan’s Nikkei emits an advance of 6%.
What gives?
The easiest answer to a reason for the divergence would be zooming out. In very rough turns, Bitcoin is lower by approx. 9% from the time of the president’s Wednesday afternoon Customs notice. It is not far away from Nasdaq’s approx. 8% decrease in the same time frame.
Zooming even more finds Bitcoin out-Mens he has withdrawn almost 30% from his record hit in mid-January front with approx. 14% since last November election, while Nasdaq has fallen by almost 10%.
