// Hacker Noon · 11 February 2026

Bitcoin Failed the Fed Test—And Exposed Its Biggest Lie

Bitcoin crashed with stocks after Fed tightening—the opposite of what an inflation hedge should do. With correlation to the S&P 500 at 0.75 and volatility triple that of equities, Bitcoin's identity crisis is clear: it claims to be digital gold but acts like a risky tech stock. Industry leaders are...

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