$BTC is up about 8.6% today, around $75,307. Nasdaq is down about 1% over the same hours.
A friend was venting about his index funds while I had bitcoin on the other screen, and I kept looking over because one was green and one was red. S&P is off about 0.9%. The dollar barely moved, around 98.73. Gold ticked up a little. US stocks are red so everyone's playing it safe over there, and $BTC is still running on its own. MSTR is around $112, up about 7.8%. It's moving with the coin. Coinbase stock around $172, up about 7.6%. There's a headline going around that prediction market traders aren't buying this rally. I get why. Bitcoin already has about 59% of the market. So an 8.6% day makes the whole board look healthier than most names actually are.
#Bitcoin #Nasdaq #Macro
A friend was venting about his index funds while I had bitcoin on the other screen, and I kept looking over because one was green and one was red. S&P is off about 0.9%. The dollar barely moved, around 98.73. Gold ticked up a little. US stocks are red so everyone's playing it safe over there, and $BTC is still running on its own. MSTR is around $112, up about 7.8%. It's moving with the coin. Coinbase stock around $172, up about 7.6%. There's a headline going around that prediction market traders aren't buying this rally. I get why. Bitcoin already has about 59% of the market. So an 8.6% day makes the whole board look healthier than most names actually are.
#Bitcoin #Nasdaq #Macro