Bitcoin, the leading cryptocurrency by market value, managed to do so It excels Nasdaq 100 technical index on the basis of a year to date.
NASDAQ has decreased by more than 16 % since the beginning of the year. Meanwhile, Bitcoin decreased by approximately 12 %.
The Bitcoin separation from the American stock market is formed to be one of the largest stories of the troubled week.
The cryptocurrency has increased by almost 3 % over the past 24 hours despite the fact that the S&P 500, which is the main index that tracks the performance of the 500 best companies, has decreased amazing by 5.47 % in only one trading session. The index has now decreased by 8 % over the past five days.
In general, the US stock market has now lost 5 trillion dollars in just two days.
Bitcoin, however, flat on a weekly basis. Although it immediately decreased after the announcement of the customs tariff, the leading cryptocurrency according to the maximum market ended and that showed impressive elasticity, along with the broader encryption market.
In fact, the leading cryptocurrency has now reached the highest new level ever against the wonderful SEVEN (MAG 7) shares, which includes Amazon, Apple and other technology giants.
It is worth noting that the price of gold has also decreased along with arrows although the yellow metal is supposed to be unrelated.
Both increases XRP and Sol by more than 5 %, and it benefits from the excessive performance of Bitcoin.
Strategy shares (MSTR) increases by 2.5 % of contempt for the fact that all the main stock market indicators have collapsed.
“This will be completely coming out of the Tadfi analysts,” said Jeff Walton, a former reinsurance broker.
Eric Balunas, pioneering ETF analyst in Bloomberg, Described Bitcoin flexibility as a “simple miracle”.
