ALERT: Geopolitical Tension Increases and $BTC Responds as a Safe Haven
The escalation of tensions in the South China Sea is generating a new flow of capital towards safe-haven assets. For the first time in months, correlations show that Bitcoin ($BTC) is decoupling from technology stocks (risk-on assets) and behaving more like digital gold.
Analysis: Historically, $BTC has shown a low correlation with the S&P 500 during peaks of geopolitical uncertainty. If this trend continues, we will see capital leaving volatile markets and seeking digital scarcity.