#Russell2000 & #Bitcoin, A Growing Divergence 📊
Over the last three months, the Russell 2000 has continued to grind higher, while Bitcoin has been moving lower. This divergence naturally raises the question: what’s driving such clear decoupling?
📝 Previously, I shared data showing Bitcoin diverging from the Nasdaq – a correlation that was historically very strong. One popular explanation was that the rally was isolated to AI and Big Tech, while the rest of the market lagged. However, the Russell 2000 challenges that narrative. It represents 2,000 small-cap companies, and they are clearly mov