🪙 Bitcoin and altcoins correction in stock style
"Bitcoin and Ethereum slightly lose at the beginning of Q3 – #BTC dropped by 0.7% to ~106,745 USD, following the declines of Nasdaq. At the same time, Gold is gaining, indicating a new role for Bitcoin – more like stocks than digital gold. Altcoins are also weakening: ETH –0.4%, SOL –0.8%, DOGE –2.5%, XRP +1.1%. Despite the correction, market sentiment remains positive.”
📌 A beautiful entry position for a discussion about the role of BTC as a risk asset.
