Michael Saylor Explains Bitcoin’s Short-Term Market Correlation with Stocks

In a recent X post, Michael Saylor, Executive Chairman of MicroStrategy, addressed Bitcoin’s short-term correlation with the stock market. He clarified that Bitcoin, as a liquid asset, shares characteristics with risk assets during times of uncertainty. He emphasizes the importance of Bitcoin’s liquidity, particularly in periods of economic stress, when traders may sell their less liquid holdings to meet immediate financial needs.