- Entry
- $85.06
- Final
- $86.17 +1.3%
- Target
- —
- Score
- +0.13
If you look at IGV (software) and BTC, they've become correlated. https://i.imgur.com/aXd1MFD.png I've recently heard opinions that both the new Fed Chair and a liquidity squeeze were contributing much more to the fall of software stocks than AI. Bitcoin tracking software stocks makes little sense to me, if AI repricing stories were truly the primary factor. Metals, software and crypto all falling hard makes me think of things like margin calls and fears of a new FED chair more than …
— ORIGINAL POST ·
Software stocks and BTC appear to be moving together in lockstep. Metals fell hard too. Doesn't this imply AI is not the primary factor in the "SaaSpocalypse" story?
· r/investing
· Feb 10, 2026