Bitcoin's Correlation with U.S. Stocks Weakens, Enhancing Its Diversification Appeal

According to Odaily, recent data indicates a weakening correlation between Bitcoin (BTC) and U.S. stocks, potentially increasing its appeal as a diversification tool rather than a safe-haven asset. Analysts highlight that although Bitcoin remains influenced by macroeconomic factors, its connection with traditional risk assets has diminished. Furthermore, institutional interest in Bitcoin continues to grow, with some companies incorporating it into their balance sheets. Experts suggest that as confidence in dollar assets fluctuates, Bitcoin may play a more significant role in investment portfolios.