Bitcoin has surged 10% in a week, decoupling from traditional markets as the US dollar weakens. Analysts cite geopolitical shifts and a strengthening ‘digital gold’ narrative as key drivers.
- Bitcoin's correlation with the S&P 500 dropped from 0.88 to 0.77, signaling decoupling from stocks.
- Geopolitical factors, including potential US tariff moderation and Ukraine peace talks, are boosting BTC.
- Bitcoin's correlation with gold improved from -0.62 to -0.31, strengthening its 'digital gold' narrative.
📎 Related coverage from: cryptopotato.com
