Bitcoin Posts Best Week Since September 2025 as Tech-Stock Correlation Weakens

Bitcoin and U.S. equities have often been driven by the same shifts in risk appetite and capital flows, but their recent performance has diverged sharply. U.S. stocks continue to challenge record highs, while Bitcoin has failed to hold above $83,000. The decoupling points to weaker buying in crypto markets and has prompted investors to reassess whether digital assets can rally alongside traditional risk assets.

Bitcoin continued to fall after failing to break above $83,000 in early June, reaching its lowest level since early April. Analysts said the potential bottom could be as low as $72,000. Meanwhile, the U.S. Depository Trust & Clearing Corporation said it would connect a tokenized-securities platform to its network, sending Stellar (XLM) surging 25% against the broader market trend.

Bitcoin’s latest rally has followed a clear time-zone pattern, with most gains over the past three months driven by trading during Asia-Pacific and U.S. hours. This reflects shifts in global capital flows and risk appetite. The reports did not identify the research provider or the start and end dates of the data, so the findings remain subject to sample limitations.

The latest analysis found that Bitcoin generated its strongest average returns between 00:00 and 01:00 UTC, while Monday was its best-performing trading day. At the time covered by the reports, improving sentiment toward global risk assets was pushing Bitcoin toward the $82,000 threshold, although no exact date or real-time price was provided.

Institutional capital has become a major driver of Bitcoin prices since the U.S. Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024. An easing of U.S. policy uncertainty, along with gains in U.S. stocks and strong corporate earnings, lifted risk appetite and helped Bitcoin reclaim the $68,000 level.

Bitcoin surged from $62,400 to $68,600 over the past 24 hours, gaining about 9.9% and reaching a weekly high. U.S. spot Bitcoin ETFs ended five consecutive weeks of net outflows and recorded one of their largest inflow days of the quarter in the latest session, bolstering buying demand. Analysts cautioned, however, that the risk of market volatility had not fully receded.

Bitcoin has long been viewed by some investors as inflation-resistant “digital gold,” but its recent performance has more closely resembled that of a volatile risk asset. Its price has moved closely in line with software-stock benchmarks such as the iShares Expanded Tech-Software Sector ETF (IGV), suggesting that selling pressure in U.S. technology shares and private equity markets is spilling into cryptocurrencies.

During U.S. trading on Monday, July 13, Bitcoin briefly rebounded above $65,000, but the rally failed to hold. It retreated to about $65,400 as the broader stock market and software shares declined. Polymarket showed the probability of Bitcoin falling below $55,000 had risen to 72%, reflecting weakening confidence among holders and increased downside risk.