Bitcoin and Nasdaq Are Soaring While U.S. Consumer Sentiment Hits Record Lows!

Bitcoin surged 11.8% last month — its largest gain since April 2025 — and has since extended the rally another 6% to $80,700, while the Nasdaq has jumped 22% since April 1 to a lifetime high of 23,235 points. Yet the University of Michigan's consumer sentiment survey just posted a preliminary record low of 48.2, down 7.7% year-over-year, with inflation fears, gas prices, and tariffs driving the gloom.

The divergence is structural, not cyclical. Bitget Wallet COO Alvin Kan put it plainly: "Institutional capital continues flowing into AI, semiconductors, and digital assets, pushing the Nasdaq and Bitcoin higher as markets price in long-term productivity growth. At the same time, consumer confidence remains weak as households deal with inflation and high living costs — markets are trading the future while consumers are focused on present-day pressure."

Spot ETF inflows have amplified the…