Lengthy-Time period Bitcoin Holders Are Boosting Their Token Stash as BTC Costs Decouple From Nasdaq

by Jeremy

Bitcoin crossed above $31,000 on April 14, hitting the very best since June 2022, per CoinDesk knowledge. Since then, the cryptocurrency’s value has dropped by 12% to $27,500, whereas Nasdaq has risen by over 2% since mid-April. The Nasdaq-to-S&P 500 ratio, which bitcoin has carefully adopted up to now, has additionally elevated by over 2% throughout that point interval.

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