June 17 (Cointime) - In Q2 2023, Bitcoin's price trajectory diverged from tech stocks and formed an inverse relationship with popular indices like Nasdaq and S&P 500. This means that when BTC's price goes up, the equities' price will fall and vice versa. Bitcoin's decoupling from traditional markets has increased, making it a potential safe-haven asset and inflation hedge. However, the recent legal actions on crypto behemoths have increased Bitcoin's volatility, making it more unpredictable.
All Comments