
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