Bitcoin Slips Behind Equities Amid Market Rotation 

Bitcoin

Bitcoin Slips Behind Equities Amid Market Rotation

Bitcoin has fallen behind the stock market over the past two weeks, marking a clear shift in risk appetite.

According to trader Daan Crypto Trades, the decoupling comes after BTC initially outperformed during the peak of the U.S.–China tariff tensions, but has since stalled while equities push higher.

On the BTC/SPX chart, Bitcoin led aggressively during the “Liberation” day and the announcement of a new U.S.–China trade deal.

But now that uncertainty has faded, Bitcoins momentum has cooled off, while stocks consolidate near local highs.

“We often see BTC lead both ways—up and down,” Daan noted. “But lately, theres no strong correlation.”

Weekend Volatility Fades After Choppy Moves

Heading into the weekend, Bitcoin‘s price action has flattened. After sharp swings on Thursday and Friday, volatility dropped off by Friday’s close. This calm, according to Daan, is typical for crypto weekends when no major events loom.

Importantly, no CME gap was created going into this weekend, which reduces the probability of abrupt Sunday moves to fill price inefficiencies.

“Unless we get an unexpected headline, the weekend should stay pretty chill,” Daan said.

His accompanying chart highlights the CME close and open levels, both of which are tightly aligned around $104,500–$105,000. This lack of gap suggests fewer magnetic forces pulling BTC in any extreme direction.

With macro headlines cooling off and markets digesting recent rallies, all eyes now turn to whether Bitcoin can regain leadership—or whether it continues to lag while equities take center stage.