Bitcoin is holding firm while equities bleed.

On a day when the Nasdaq is down, $BTC is showing relative strength
This is something we haven’t seen consistently in months
That kind of divergence doesn’t happen by accident.
It suggests real spot demand stepping in rather than passive correlation with tech
With the noise around Jane Street fading, price action feels less distorted and more natural
If this decoupling continues, the narrative shifts from “BTC follows stocks” to “BTC leads.”