chart of the week: wall street has claimed bitcoin — now what?

Bitcoin’s dance with traditional markets just keeps getting closer. The latest data shows its correlation with U.S. equities remains stubbornly high, while its connection to gold and the U.S. dollar is virtually nonexistent. For years, many hoped bitcoin would behave like “digital gold,” a safe haven uncorrelated to stocks and fiat. But Wall Street’s growing embrace of bitcoin seems to be rewriting that narrative. When bitcoin moves almost in lockstep with equities, it loses some of its magic as a portfolio diversifier or crisis hedge. The question now is: as institutional players dominate the space, will bitcoin remain the rebellious outsider it once was? Or will it become yet another Wall Street asset, vulnerable to the same cycles and shocks? This shift isn’t just about price charts—it’s about bitcoin’s evolving identity. For those still dreaming of a truly independent crypto, it’s time to reckon with the reality: Wall Street has claimed bitcoin, for better or worse. #Finance #MakeMoney