🚀 Bitcoin Breaks New Highs Amidst Changing Correlations!

- Bitcoin, the largest cryptocurrency, has surged past $92,000, marking a 115% increase year-to-date, while the total crypto market cap hits a record $3.025 trillion.

- Historically seen as a risk-on asset, Bitcoin's correlation with U.S. equities like the Nasdaq is now at a five-year low of 0.46, indicating a potential shift in market dynamics.

- Interestingly, Bitcoin and Ether's correlation has also weakened to 0.35, suggesting these major tokens are starting to chart their own paths.

What do you think about these evolving trends? Share your thoughts below! 💬