Bitcoin to Nasdaq correlation sharply dropped to the lowest level since 2018: It's now negative as Nasdaq is going down while BTC is pumping. Boomers love this stuff: They love to make portfolios with uncorrelated assets, thus BTC now looks sexier than ever, especially as 1) QQQ is concentrated AI trade and 2) it's dumping. It strengthens BTC's digital gold narrative, proves it's a more mature asset, and hopefully manages to trade higher if/when AI trade deflates further. TL;DR - bullish!(Ignas)