BlackRock: Bitcoin Sentiment Quietly Shifting, Decoupling Trend from Stock Market Taking Shape
Source:
www.theblock.co
According to The Block, BlackRock Head of Digital Assets Robert Mitchnick said on Monday that Bitcoin market sentiment has undergone a significant yet subtle shift over the past month, and the decoupling trend between Bitcoin and the stock market is gradually being established. He pointed out that during the significant correction in the AI sector this July, Bitcoin significantly outperformed the stock market, and this "decoupling" helps reinforce the narrative logic of Bitcoin as a portfolio diversification tool and tail risk hedging asset.