Bitcoin broke away from AI stocks but now $96 oil could turn its escape into a trap

Bitcoin's daily correlation with the S&P 500 fell to 0.12 during the second quarter, down from 0.58 in the fourth quarter of 2025, according to a joint report from Coinbase Institutional and Glassnode covering data through June 30. Its correlation with the Nasdaq sat at 0.21 over the same window, and gold moved in the […] The post Bitcoin broke away from AI stocks but now $96 oil could turn its escape into a trap appeared first on CryptoSlate.