Bitcoin and Gold Soar as U.S Dollar Dips: Is Cryptocurrency Evolving Independence from Stocks?

Bitcoin [BTC] has broken free from its usual correlation with U.S stocks, showing a 5% rally over five trading days while the S&P 500 index fell by an equivalent percentage. This shift signals Bitcoin’s transformation into a potential ‘safe haven’ asset amidst market uncertainty. Analysts attribute this new dynamic to increased demand for gold as investors seek refuge from economic turbulence.