Bitcoin's Divergence From U.S. Equities Is Temporary, Hashdex and Charles Schwab Say on July 5

According to BlockBeats, on July 5, Hashdex and Charles Schwab said Bitcoin's recent divergence from surging U.S. equities is a temporary shift in capital allocation rather than a fundamental weakness in crypto.

Hashdex's Chief Investment Officer Samir Kerbage attributed the outperformance of AI infrastructure, IPOs, and interest rate trades to market rotation. He noted that stablecoin trading volume already exceeded 2025's full-year total, while tokenized real-world assets (RWA) grew over 60% year-to-date, and on-chain transaction activity hit all-time highs. Charles Schwab's Jim Ferraioli added that Bitcoin's current price action aligns with historical post-halving cycles, with miner breakeven cost around $95,000 versus average holder cost of $80,000.