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According to the data, Bitcoin has decoupled from the Nasdaq, with a 40-day correlation hitting zero, likely due to the market's focus on a potential spot Bitcoin ETF launch in the US. Analysts expect Bitcoin to serve as a portfolio diversifier, and correlations are expected to stay low amid potential ETF approval and the upcoming halving in April. #etf #BTC $BTC

According to the data, Bitcoin has decoupled from the Nasdaq, with a 40-day correlation hitting zero, likely due to the market's focus on a potential spot Bitcoin ETF launch in the US.

Analysts expect Bitcoin to serve as a portfolio diversifier, and correlations are expected to stay low amid potential ETF approval and the upcoming halving in April.

#etf #BTC

$BTC

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