Bloomberg analyst: Bitcoin has a negative correlation with the stock market in the past week, outperforming treasury bond bonds

Odaily Planet Daily Bloomberg senior ETF analyst Eric Balchunas said in an article on the X platform: "When the stock market fell yesterday, Bitcoin rose sharply, showing a negative correlation with the stock market in the past week or so, outperforming US treasury bond bonds (the latter has become unreliable again), although gold is also comparable to its own level (-98). Of course, this is an absurd short-term framework, but in my opinion, if Bitcoin wants to be regarded as a real substitute, it must get a rise."