Bitcoin's Rise as a Traditional Asset Raises Investor Concerns

Bitcoin's recent behavior has raised concerns among investors and experts alike. The cryptocurrency's 30-day correlation with US stock indices has reached its highest level in 2026, indicating that it now closely mirrors the movement of traditional stocks.

This shift from an independent asset to a closely tied financial instrument is significant, as Bitcoin was once seen as a refuge from global volatility. Instead of rising during times of crisis, like gold, Bitcoin now reacts negatively to bad news in the same way as shares of large companies.

On Friday, for example, the main American index S&P 500 fell by 1%, and Bitcoin immediately collapsed by 5% in one session. This close connection with traditional finance deprives Bitcoin of its main advantage – being a protected alternative during times of financial turmoil.