Macro traders eye btc stock price as a proxy for risk appetite. Today’s rally aligns with a recovery in semiconductor shares, suggesting cross-market capital rotation from defensive assets into higher-yield plays. If Bitcoin were to reach $21 million per coin, its implied market capitalization would be about $441 trillion. Cipher Mining stocks have surged to new ATHs, thanks to its new Google-backed deal. Portfolio managers are adjusting allocations as btc stock price shows resilience against geopolitical shocks. The asset’s inverse correlation with bond yields reemerged this week, adding diversification appeal for long-term portfolios.