The Milk Road Show

Crypto’s Next Chapter: Bitcoin Decouples, Ethereum Ditching EVM, and Bittensor Takes Off w/ Milk Road PRO

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Apr 26, 2025
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INSIGHT

Bitcoin's Emerging Risk-Off Role

  • Bitcoin is starting to decouple from tech stocks and behaving more like a risk-off asset, similar to gold.
  • This shift seems tied to a move away from U.S. assets amid economic and political uncertainty.
INSIGHT

Gold vs. Stocks: A Complex Picture

  • Gold's recent outperformance versus stocks might be temporary and influenced by short-term concerns.
  • Long-term trends in gold vs. stocks are complex and affected by factors like money velocity and printing.
INSIGHT

Fed Sparked Bitcoin-Stock Correlation

  • The Fed's extensive money printing since COVID largely caused Bitcoin's correlation with tech stocks.
  • As Fed policies shift, this correlation may diminish but could re-emerge if money printing resumes.
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