President Trump May Trigger Decorrelation Between Bitcoin And The Nasdaq, According To Macro Guru Luke Gromen

Bitcoin Gains Ground as Trade War-Proof Asset with Long-Term Investment Value

Amid recent turbulence in global financial markets, Bitcoin is demonstrating a trend of decoupling from technology stocks. Historically, Bitcoin’s price has closely tracked the Nasdaq 100 Index, exhibiting a strong correlation. However, as of Friday, April 5, 2025, Bitcoin rose approximately 1% to $83,300, while the Nasdaq 100 Index declined for a second consecutive day due to the impact of new tariff policies under the Trump administration. Thi…

President Trump May Trigger Decorrelation Between Bitcoin And The Nasdaq, According To Macro Guru Luke Gromen

Macro investor Luke Gromen says that the White House may have caused a massive change in the way that Bitcoin (BTC) trades. In a new interview with Natalie Brunell on the Coin Stories podcast, Gromen calls attention to the America First Investment Policy, a memo released by the Trump Administration in February that aims to make the US foreign investment policies more cautious and conscious of national security. Gromen, the founder of the macroec…