Bitcoin "lost' temporary correlation with stocks...some people would say that there was never a correlation, but I would suggest that sometimes there is and sometimes there isn't.
That said...stocks covered all of the weekly losses today and Dow closed at the ATH. Bitcoin had a smallish move.
One explanation would be that bitcoin correlates the most with liquidity and mr market "decided" that FED would provide less liquidity going forward because UE went down.
Obviously, the move up today in btc was much more timid than the move down (on ME "jitters") earlier in the week.
Observing...