Why does bitcoin follow the US stock market trend?

I have always thought about this but never understood. If Bitcoin is truly an independent asset, you'd expect it to act as a safe haven something people flock to when the stock market tanks. Yet, time and again, we see Bitcoin’s price movements mirroring the U.S. stock market, dipping when stocks drop and rising when they rally. So, what gives? Is Bitcoin more tied to traditional markets than we’d like to admit, or is something else driving this correlation? submitted by /u/Shah_The_Sharq [link] [comments]

Mar 20, 2025 - 19:17
 0

I have always thought about this but never understood. If Bitcoin is truly an independent asset, you'd expect it to act as a safe haven something people flock to when the stock market tanks. Yet, time and again, we see Bitcoin’s price movements mirroring the U.S. stock market, dipping when stocks drop and rising when they rally. So, what gives? Is Bitcoin more tied to traditional markets than we’d like to admit, or is something else driving this correlation?

submitted by /u/Shah_The_Sharq
[link] [comments]