Bitcoin Charting Its Own Course as Crypto and Stocks Decouple

Bitcoin has decoupled from the S&P 500, moving in opposite directions recently as crypto evolves separately from traditional finance.

Bitcoin's volatility has surged in October, with predictions it will stay elevated this month after a lull in September.

Short-term Bitcoin holders have offloaded about 1M BTC since April, including 200k between September 25-26.

The US economy shows mixed signals, with manufacturing rebounding but shakiness in housing and the job market.

Crypto leaders will discuss crypto's divergence from traditional finance at the upcoming Benzinga Future of Digital Assets conference on November 14.