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Bull Trap Or Bull Market? Bitcoin Hits 25k | Macro Alf, Dave Weisberger, Mike McGlone | Macro Monday

The Wolf Of All Streets

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Is Bitcoin Delinked From Risk Assets?

The biggest macro thing from a Bitcoin perspective is the news out of Hong Kong and China. I wouldn't say Bitcoin has been delinked from risk assets, but it's not nearly been as tightly correlated on intraday or certainly on intra-hour sort of thing like it used to be. The NASDAQ and Russell chart over the last month compared to Bitcoin, there's a big difference.

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