🚨 Bitcoin Has Completely Broken Away From Stocks & Precious Metals 🚀 Bitcoin’s market cap has grown by +36.0% since August 18, dramatically separating from the S&P 500’s +0.8% and gold’s -1.5% performances in that same time. The breakout began as smaller 0.1-10 BTC holders capitulated in mid-August. 💧 Liquidity helped flip the trend. Treasury doubled the size of long-duration bond buybacks beginning in September, ETF demand returned, and repeated short squeezes forced bearish traders to buy back positions as BTC broke resistance. 📊 This five-week divergence shows crypto trading on its own catalysts for now. Stocks remain near record territory but face higher rates and uneven participation, while gold has struggled as markets price tighter policy for longer. 🧭 From here, Bitcoin can keep outperforming if ETF demand, liquidity, and institutional participation persist, though rising leverage and crowd euphoria raise short-term shakeout risk. Stocks need earnings strength to overcome high yields, while gold likely needs falling real rates or renewed defensive demand to regain leadership. 🔗 Live Chart: https://app.santiment.net/charts/btc-spx-gold-prices-24807?utm_source=x&utm_medium=post&utm_campaign=btc_spx_gold_correlation_b_092226&aff=3
