Analysis: Bitcoin, US stock market decoupling deepens in H2

The decoupling between Bitcoin and U.S. stock markets has intensified in the second half of this year, Cointelegraph reported. While U.S. stocks have continued to rally since the Federal Reserve's third interest rate cut, Bitcoin has struggled with repeated fluctuations and has failed to break its bearish trend. Over the past six months, Bitcoin has fallen approximately 18%, whereas the Nasdaq Composite has risen 21%, the S&P 500 has gained 14.35%, and the Dow Jones Industrial Average is up 12.11%. This divergence reportedly became more pronounced after Bitcoin hit an all-time high in October and subsequently entered a correction. Industry experts believe this trend, occurring even as Bitcoin set several new highs this year, reflects structural changes within the digital asset market and a correction phase driven by profit-taking.