This video explains that while stock indices like the Russell 2000 (18% gain) and NASDAQ (22% gain) are rising, Bitcoin is lagging behind, suggesting that risk assets like stocks and Bitcoin typically move in tandem, and Bitcoin may be playing catch-up with stocks.
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Bitcoin vs Stocks Why is Bitcoin LaggingAdded:
This is the first argument, the relative strength of Bitcoin versus the reality of the geopolitical environment and tension. That's one thing. Second thing, very important to note is that stocks, like the Russell for example, this is the Russell 2000, are just moving up in a very lackluster fashion. 18% in a couple of weeks for the Russell, the NASDAQ 22%.
You can look at a lot of the indices and you can see that they're moving higher, higher in price, all right? Usually one would say, "Hey, risk assets like stocks move in tandem with Bitcoin." So, Bitcoin is just lagging probably and might play catch-up with stocks. That's kind of the argument.
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