Is 2020 Repeating? Stock's Down Btc Up.
Remember back in late 2020, early 2021? When the world was kinda wildin' out? BTC went absolutely nuts, blastin' off past $60k, peakin' around $64k! Some peeps are sayin' this stock slump might trigger somethin' similar. Like, maybe investors ditch the old school stocks and jump on that crypto wave again, lookin' for that digital gold safety net or just straight-up gains.
Now, you got Trump on the sidelines talkin' 'bout how the stock market's gonna bounce back strong, make a huge comeback. He's always bullish on that front.
$BTC Faces Sharp Drop – What’s Behind the Fall?
Bitcoin (BTC) has plunged by over 4% in the last 24 hours, currently trading around $79,277 after briefly touching a low of $78,694. This unexpected dip follows a sharp rejection from the $84,720 zone, indicating a strong sell-off by traders after the recent highs.
Several factors may be contributing to this drop:
Profit-Taking: After BTC surged near all-time highs, many investors locked in gains, triggering a cascade of sell orders.
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