Bitcoin’s Correlation With U.S. Stocks Hits Lowest Level Since FTX Collapse

BitcoinWorld Bitcoin’s Correlation With U.S. Stocks Hits Lowest Level Since FTX Collapse Bitcoin’s correlation with U.S.

equities has fallen to its lowest point since the collapse of FTX in November 2022, a shift that suggests the cryptocurrency is increasingly moving on its own fundamentals rather than mirroring stock market sentiment.

Data from Santiment, as reported by Crypto Briefing, shows the 30-day rolling correlation between Bitcoin and the U.S. stock market dropped to as low as -0.299 in December 2025 before recovering to around 0.18 in January 2026. What’s Behind the Decoupling?

The decoupling marks a notable departure from the pattern seen during much of 2024 and early 2025, when Bitcoin frequently traded in tandem with tech-heavy indices like the Nasdaq.