Peter Schiff questions Bitcoin correlations

Peter Schiff is arguing that $BTC never had a real correlation with gold, while its relationship with the Nasdaq has now weakened as well.
That framing challenges two of the most common Bitcoin narratives: digital gold and high-beta tech exposure.
For traders, the key question is whether Bitcoin is starting to trade more independently or simply losing support from both safe-haven and risk-asset flows.
The bigger signal is that correlation regimes can shift quickly, especially when macro liquidity, equities, and crypto sentiment are all moving at once.