Bitcoin is increasingly being recognized as a macro asset, diverging from its past performance patterns. Seasoned analyst Willy Woo highlights this transformation, comparing Bitcoin to a canary in a coal mine for broader macroeconomic movements. Understanding this evolution is crucial as investors navigate the cryptocurrency landscape. The shift indicates that Bitcoin’s response to market changes may vary significantly compared to other cryptocurrencies. Keeping this insight in mind, traders should reassess their strategies in light of Bitcoin’s new role in the financial ecosystem.