Bitcoin's correlation with traditional assets is shifting. Historically, it's been linked to gold, but recent data shows a stronger connection to tech stocks. As tech giants like Amazon and Google continue to soar, Bitcoin's price is following suit. This could be a sign of a new era for crypto, where its value is tied to the performance of the tech sector rather than the price of gold.

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This shift in correlation could lead to increased institutional investment in Bitcoin, as tech stocks become a proxy for the broader market.