The US stock market is already at a high level, so it is not a bad thing to break away from the correlation

Is the correlation between Bitcoin and US stocks changing?

Since the beginning of 2022, Bitcoin's correlation with other assets has shown a trend of "US stocks>gold>US dollar", i.e. it has a high correlation with risk assets and the macro economy, and tends to be more of a risk asset.

However, after June 2023, Bitcoin's 60-day correlation with the Nasdaq 100 Index approached 0. Does this mean that Bitcoin is entering a new cycle of preference for "safe haven assets"?
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