Alert: $BTC Decouples From Stocks — Holds $71,624 While Nasdaq Drops
Traditional markets are under pressure while crypto shows resilience.
Market snapshot:
• Dow Jones Industrial Average: -1.56% to 46,678
• S&P 500: -1.52% to 6,673
• Nasdaq Composite: -1.78% to 22,312
Crypto performance:
• Bitcoin: +0.83% to $71,624
• Ethereum: +0.93% to $2,111
• Total crypto market cap: $2.4T (+0.72%)
The Fear & Greed Index sits at 15 (Extreme Fear), yet prices are climbing. When sentiment stays bearish while price moves higher, markets often prepare for a sharp sentiment catch-up move.
Key level:
$71K support is critical. If BTC holds, the next phase could be capital rotation into altcoins.
Verdict: Early signs of crypto–equity decoupling. Momentum favors the bulls if support holds.