On the same days, CNN reports the S&P 500 back at an all-time high and the Dow topping 54,000, moving opposite to bitcoin.
Quartz reports Treasury Secretary Bessent said a Strait of Hormuz deal could come soon, pushing oil lower and lifting equities.
Bitcoin faced a hardware-wallet security scare and shifting flows, drivers with little connection to the macro story boosting stocks.
A stock market record does not automatically pull bitcoin up. The correlation is not fixed, and treating crypto as a pure stock proxy can mislead.
Read More →