Analysis: Bitcoin rebounded along with US stocks, and its divergence from gold may indicate "significant upside potential."

PANews reported on February 25th, citing Cointelegraph, that Bitcoin's recovery today is closely linked to a similar rebound in the US stock market, with artificial intelligence and technology stocks leading the market higher. The Nasdaq, dominated by tech stocks, led the gains, rising 1.05% on the day, while the S&P 500 rose 0.68%. The Dow Jones Industrial Average rose 421 points, closing up 0.86% on Tuesday. Analysts point out that the correlation between Bitcoin and gold and US stocks is currently at its lowest level since the FTX incident in 2022. Despite gold rising 51% and Bitcoin falling 43% over the past six months, on-chain data agencies like Santiment believe this extreme divergence suggests significant upside potential. Furthermore, the Coinbase premium index turned positive for the first time since January 15th, accompanied by a net inflow of $258 million into spot ETFs on Tuesday, indicating a return of institutional buying in the US. Darius Sit, founder of QCP Capital, stated that this divergence reflects position liquidation and leverage-driven liquidity changes, rather than a failure of Bitcoin's long-term narrative.