He proposed that market makers might be taking advantage of limited cash in the system to adjust Bitcoin’s typical correlation with stocks.#bitcoin decoupling finally.was thinking the coupling was fake.maybe market makers using bitcoin market shortage of fiat liquidity to auto-correlate bitcoin, noticeable on US market open.— Adam Back (@adam3us) April 4, 2025 Companies Continue To Buy Bitcoin Despite Market Fears According to the report, Bitcoin’s price stability might be linked to ongoing purchases by major companies.
Would not have guessed it would hold above $80k in this type of broader market selloff of risk assets… Hell — even Gold is down? pic.twitter.com/SKRkZF8hCb — James Seyffart (@JSeyff) April 4, 2025 Adam Back, co-founder of Blockstream, suggested this might signal that Bitcoin is finally breaking its pattern of following stock market movements.
Related Reading: Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword Bitcoin Holds Ground While Stocks Tumble The US stock market lost $2.85 trillion on April 3, followed by another staggering drop of $3.25 trillion by the end of Friday’s trading session.
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