Software Stocks & Crypto Linked: "Programmable Money" Faces Pressure 📉💻⛓️

$ESP $ME $TNSR

Correlation Spike: Jim Bianco (Bianco Research) noted today, Feb 12, 2026, that software stocks ($IGV) and Bitcoin are trading in lockstep, both hitting near-term lows. 📌

Programmable Money: Bianco argues that because Bitcoin is "programmable money," it behaves like a software stock rather than "digital gold," making it highly sensitive to tech sector volatility. 🏛️

AI Disruption: The software sector has plunged 20% year-to-date due to fears that AI agents (like Anthropic’s new tools) will automate tasks previously handled by SaaS platforms, dragging crypto down in the "risk-off" sentiment. ⚡

Liquidity Shock: Strong U.S. jobs data today has pushed rate-cut expectations further into 2026, starving both software and crypto of the cheap liquidity they need to thrive. 📊

Price Levels: Bitcoin is struggling to hold $67,000, mirroring the $IGV ETF’s struggle to bounce back. Analysts warn that if software doesn't bottom out, Bitcoin could retest $60,000. 📈

⚠️ For awareness only.

Tagged coins have no connection to this news.

This information is provided for educational and informational purposes only.

(NFA)(DYOR).