Bitcoin Officially Decouples From S&P 500, and Jim Cramer Has Concrete Reason for It

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bitcoin surged 10% to $66,800 just a day after a 17% crash, while the S&P 500 took only a 0.47% upside, causing Wall Street to take notice. Popular TV host Jim Cramer points to the phenomenon of "leverage rotation," saying investors sold their stocks to capitalize on Bitcoin. Advertisement The setup shows a bigger change — Bitcoin is separating itself from regular markets when things get stressful. Gold and silver also rose, but neither matched BTC's upside pull. Crypto is making a comeback after losing ground in a liquidation death spiral, and equities are feeling the impact. The Bitcoin rally's impact on the S&P shows you the leverage that's in the system. People sold the S&P to finance their bitcoin HOT Stories Morning Crypto Report: One of Biggest XRP Sellers Revealed, -80% for Cardano (ADA): Founder Admits $3 Billion Loss, Binance Delists 20 Pairs After $2.6 Billion Liquidation Tsunami: Bitcoin Affected Too 'Be Greedy': Ripple CEO Reacts to XRP Price Crash — Jim Cramer (@jimcramer) February 6, 2026 The result is not just an anomaly — it is a sign that capital may be exiting stocks for something riskier this Friday. Advertisement Bitcoin becomes Wall Street's leverage According to Cramer, the rally on Bitcoin (BTC) showed just how much leverage is built into the system. His theory is that investors are offloading their S&P 500 positions to put their money into Bitcoin instead. Whether it is meant as serious criticism or just a general assessment, the data seems to back up his point. And it is not just stocks taking a hit. Source: TradingView Bitcoin is now traded like its own asset class , especially when liquidity tightens. Risk-on days used to lift all boats. Not this time. While Bitcoin soared, capital rotated violently out of equities. Advertisement Even traditional safe havens like gold (+2.77%) and silver (+5.68%) could not match BTC’s magnetism. You Might Also Like Fri, 02/06/2026 - 14:34 Why Bitcoin's $60,000 Hit Is Becoming New Crypto Legend By Gamza Khanzadaev Looking at the big picture, the S&P 500 had been holding on near record highs above $7,000 for a while, but then it took a big dip in February. On Tuesday, it had its worst day since October, dropping below its short-term support level. The idea that Bitcoin would eventually become separate from traditional markets during big economic problems is now happening, though in a weird way. #Bitcoin #Bitcoin News #Jim Cramer #S&P 500