Software stocks are breaking away from bitcoin, with IGV hitting a one-year high at a ratio of 0.0016. IGV has surged 40% from its April low and is nearing record highs, while bitcoin remains down 29% in 2026.
Every previous negative-correlation episode ended with bitcoin catching up, but this time software may be breaking away for good:
- IGV has reached a one-year high at a ratio of 0.0016.
- IGV has surged 40% since April, while bitcoin has fallen 29%.
- Every previous negative-correlation episode ended with bitcoin catching up.
