Just noticed something interesting in the market right now. Bitcoin's bounce seems to be losing steam as software stocks and the whole PE space are getting hammered. When I look at the highest beta stocks in tech, they're all taking it on the chin, and crypto is following along for the ride. It's like there's this tighter correlation happening - whenever those high-volatility names sell off, we see the same pressure on Bitcoin and the broader crypto market. The rebound we had earlier this week is basically fading as the selloff in equities picks up momentum. Worth watching if this correlation stays tight or if we see a decoupling soon.

BTC-2.03%
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