{"id":23722,"date":"2025-04-26T12:39:24","date_gmt":"2025-04-26T12:39:24","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23722"},"modified":"2025-04-26T12:39:24","modified_gmt":"2025-04-26T12:39:24","slug":"bitcoin-fundamentally-decoupled-from-us-tech-stocks-blackrocks-jay-jacobs-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23722","title":{"rendered":"Bitcoin Fundamentally Decoupled From US Tech Stocks, BlackRock&#8217;s Jay Jacobs Says"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) should be viewed as an asset <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44985399\/bitcoins-bull-case-strengthens-as-it-trades-more-like-gold-less-like-nasdaq-commentator-says\">uncorrelated to U.S. tech assets<\/a> over the long term, according to <strong>Jay Jacobs<\/strong>, U.S. Head of Equity ETFs at <strong>BlackRock <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NYSE\">BLK<\/a>).<\/p>\n<p><strong>What Happened: <\/strong>Speaking in an <a href=\"https:\/\/www.youtube.com\/watch?v=GLSEVOQZSsk\">interview<\/a> with CNBC on Thursday, Jacobs emphasized that Bitcoin&#8217;s performance is being driven by different macroeconomic forces than traditional equities.<\/p>\n<p>&#8220;The long-term correlation between U.S. stocks and Bitcoin is more like 0.2 or 0.3,&#8221; he said. &#8220;It&#8217;s a lowly correlated asset.&#8221;<\/p>\n<p>Jacobs explained that while short-term volatility may cause different assets to move in sync, Bitcoin has shown a tendency to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45008113\/bitcoin-fundamentally-decoupled-from-us-tech-stocks-blackrocks-jay-jacobs-says\" alt=\"Bitcoin\" fundamentally decoupled from us tech stocks blackrock jay jacobs says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) should be viewed as an asset uncorrelated to U.S. tech assets over the long term, according to Jay Jacobs, U.S. Head of Equity ETFs at BlackRock (NYSE:BLK). What Happened: Speaking in an interview with CNBC on Thursday, Jacobs emphasized that Bitcoin&#8217;s performance is being driven by different macroeconomic forces than traditional equities. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23722","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23722"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23722\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}