Bitcoin has decoupled from the traditional financial market

Bitcoin (BTC), the leading cryptocurrency, is showing a completely decoupled trend from the price fluctuations of the broader financial market. According to market analyst Maartunn, Bitcoin currently has a low correlation with many major assets, including technology stocks.

ETF Flows and On-Chain Indicators

Notably, Bitcoin is no longer influenced by technology sector risks, nor does it move in tandem with gold – the traditional inflation hedge. Instead, this crypto is driven by intrinsic factors, such as ETF fund flows in the market.

Other factors affecting Bitcoin’s price outlook include miner behavior, on-chain supply dynamics, liquidity conditions, and overall distribution. In previous market cycles, Bitcoin has shown correlation with other assets, such as gold or the Nasdaq index.

Low Correlation Signal

Bitcoin is moving independently:

• Correlation with Nasdaq near zero
• Correlation with gold negative

This means BTC no longer trades like technology stocks or safe-haven assets, but is creating its own market regime.

To clarify, correlation measures the degree to which two assets move in the same direction. If the correlation is high, they tend to rise or fall together. In past scenarios, when tech stocks rose, Bitcoin also reacted similarly, like gold.

Currently, Bitcoin moves independently, with a correlation close to zero with Nasdaq – a clear sign that BTC has decoupled from tech stocks. Meanwhile, the negative correlation with gold indicates Bitcoin no longer functions as a traditional store of value.

Many financial experts still recommend investing in Bitcoin as a store of value and inflation hedge. Robert Kiyosaki, author of “Rich Dad Poor Dad,” was one of the strong advocates for investing in Bitcoin alongside gold and silver.

However, according to CoinPhoton’s observations, Kiyosaki seems to have “gone quiet” on Bitcoin recently, raising questions about whether he has lost faith in this coin or is simply taking a temporary market pause. A month ago, he announced selling all his BTC at $90,000, with an acquisition cost of only $6,000.

Decoupling: Sign of Market Maturity?

Analysts believe that when Bitcoin has a negative correlation with Nasdaq, it could be a sign that BTC is approaching a bottom, opening the possibility for growth in 2026.

As of now, Bitcoin is trading around $87,100, a slight decrease over the past 24 hours. The attempt to break above $88,000 faces resistance at $87,956, possibly due to low trading volume, which dropped 34.38% to $21.54 billion during the same period.

Nevertheless, Bitcoin’s decoupling from other assets may indicate long-term bullish maturity. Time will tell whether this coin can rebound to the October 2025 peak or not.

Thach Sanh