I just noticed Bitcoin again during its best week since September 2025 – it has already risen nearly 9% and is now above $72,800. Very interesting because BTC is starting to behave differently from tech stocks and other traditional assets. While the tech sector stocks are falling, Bitcoin continues to stay green. Since the Middle East conflict two weeks ago, this crypto has outperformed stocks and gold by 13%, which are actually in the red.

The most significant thing is the serious divergence between Bitcoin and tech stocks. BlackRock's IBIT rose 3.5% last week while tech ETFs and US stocks declined. This is the first time in several months that BTC has truly decoupled from the broader market. The flow of funds is also interesting – US spot Bitcoin ETFs have attracted $1.3 billion in March, the potential for the first positive month since October. So it seems institutional investors are starting to see crypto as a more independent asset.

But don’t get too optimistic. The Fear and Greed Index is still in the extreme fear zone, and perpetual funding rates remain negative. This means short positions are still dominant. But clearly, Bitcoin is now a leading indicator for market moves – it moves first before other assets follow. Interesting times to watch crypto versus traditional markets.