CT's latest obsession, Software Stocks - BTC correlation, has nothing to do with BTC being "just software" Anyone saying that can be safely labeled a certified moron. It has everything to do with investors thinking they have the same risk profile. These correlations are common. BTC and Nasdaq (or DJI) moved in lockstep post-COVID. But something changed in October as funding stress rose. When investors dumped both BTC and software stocks, and a whole lot of other stuff. So BTC and software decoupled from Nasdaq.(Sina 🗝️⚡ BI Report)