Despite Bitcoin’s increasing tendency to mirror technology equity performance, the digital asset maintains significant value as a portfolio diversification tool, new analysis from NYDIG suggests. In a weekly research briefing, Greg Cipolaro, who serves as NYDIG’s global head of research, noted that correlations between Bitcoin and prominent U.S. stock indices have strengthened over recent months. Major benchmarks including the S&P 500, Nasdaq 100, and the software-focused IGV ETF have demonstrated tighter price alignment with Bitcoin. This correlation pattern has prompted some observers to characterize Bitcoin as ... (full story)