Decoupling: Crypto Goes Up While US Stock Market Goes Down
Key Notes
- Bitcoin trades at $110,987 with 1.58% gains while S&P 500 falls 1.48%, breaking traditional correlation patterns on September 2.
- Altseason Index reaches 61 on Coinglass as Bitcoin Dominance drops from 65% cycle peak to 58%, indicating capital rotation to altcoins.
- Strategy purchased 4,000 BTC worth $449 million while crypto total market cap rises 1.5% to $3.77 trillion intraday.
Historically, the cryptocurrency market, led by Bitcoin
BTC
$110 569
24h volatility:
1.3%
Market cap:
$2.20 T
Vol….
