Market data provider, Kaiko, announced on January 25 that the correlation between Bitcoin (BTC) and the Nasdaq 100 has averaged nearly zero since June 2023.
This indicates a decreased correlation in recent months which may imply a further price decoupling of these two asset classes.
There's been speculation about Bitcoin increasingly separating from the Nasdaq 100, a trend which could well be proving true given this latest data.
Bitcoin has a propensity to take its own course in market trends, frequently deviating from other asset classes.