Markets· ★★★· bullish·

Bitwise: Bitcoin decouples from US stocks by most since 2015

  • —BTC-S&P 500 correlation drops to lowest since 2015 on a log scale
  • —Bitcoin-gold correlation reaches a six-year high
  • —Bitwise model pegs BTC fair value at roughly $197,000
  • —Survey of 15 large institutions: none cut crypto holdings during the drop since October 2025
Why it matters: If the decoupling holds, Bitcoin may weather an equity selloff better and strengthen its case as a hedge asset.
Source: BTC-ECHO