🪙 Bitcoin Holds Strong Despite Risk Assets Plummeting

James Seyffart, an analyst at Bloomberg, was surprised by the "resilience" of BTC as it held steady above the $80k mark while the entire risk asset market was experiencing a sell-off and safe-haven assets like gold were also declining.

Adam Back, CEO of Blockstream, pointed out that Bitcoin moving in sync with traditional assets like stocks is an illusion created by market makers due to a lack of liquidity – especially during the opening hours of the U.S. market. Now, Bitcoin truly has its own path.