BTC correlation with an ETF tracking software comany stocks broke sharply from near-total alignment to near zero after the conflict started. Bitcoin has outperformed software stocks since Feb 28, gaining over 5% while the iShares Expanded Tech-Software Sector ETF has fallen more than 2%, marking a clear short-term divergence after months of tight correlation. Correlation between the two assets collapsed from near 1.0 in early February to 0.13 after the conflict began, before partially recoverin…
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