There's been a clear breakdown in the correlation between cryptocurrencies and stocks over the past 3 months. Here are the returns of the major sectors since August 11:

- Gold: +21%

- S&P 500: +7%

- $BTC : -15%.

Judging by 4 years of close correlation, one could argue that BTC is undervalued.

#USGovShutdownEnd? #BinanceHODLerALLO #CryptoMarket4T

BTC
BTCUSDT
92,687.4
+1.63%