
Dr. Jan Wüstenfeld|4月 08, 2026 16:38
For a long time, Bitcoin was the lonely guy at the party. While all other financial assets form connections, Bitcoin, apart from some occasional links, did its own thing.
That fundamentally changed with the COVID crash in March 2020. Since then, Bitcoin has formed regular connections to the traditional financial system, increasingly moving toward its center.
Bitcoin is no longer peripheral, it is structurally embedded in the global financial network.
The animation contains: 17 assets and indicators, mapped as a correlation network from 2014 to 2026. Orange lines are Bitcoin's connections.(Dr. Jan Wüstenfeld)
Timeline