Bitcoin Lags 40% Below ATH as S&P 500 Sets New Record

The S&P 500 closed at a new all-time high of 7,022 on Wednesday, April 15, fully recovering from losses related to the conflict pitting the US and Israel against Iran in a matter of weeks. Meanwhile, Bitcoin (BTC) has barely moved, and on-chain analyst Darkfost says the gap between the two assets has now stretched into its longest period of weak correlation since 2020. Stocks Recover as BTC Sits 40% Below Its Pea…