The Correlation Between Bitcoin and the S&P 500
For much of its early history, Bitcoin was often described as a financial asset that moved independently from traditional markets. Investors and analysts frequently referred to it as “digital gold,” suggesting it could function as a hedge against inflation or economic instability.
ETH Lost 58% From Its Peak Still Corporate Treasuries Are Buying More Than Ever
While corporate treasury interest is not as high in other areas of the market, Ethereum-focused accumulation has remained relatively consistent, and that type of demand even in less favorable conditions begins to matter over time.
The State Level Bitcoin Race
As of early 2026, New Hampshire has not yet made a purchase. Though the authority exists and the infrastructure surrounding it is being built, the state that got there first legislatively has been cautious about initiating a purchase in deliberate contrast to what Texas did next.
The U.S Strategic Bitcoin Reserve
On March 6, 2025, President Donald Trump signed Executive Order 14233, formally creating a Strategic Bitcoin Reserve and a broader U.S Digital Asset Stockpile.