The unemployment rate's drop to 4.1% has sparked a market rally, with Bitcoin (BTC) reclaiming $62,000, the S&P 500 (SPX) soaring, and the US Dollar Index (DXY) strengthening. Defying traditional norms, where equities and cryptocurrencies move inversely to a rising USD, this shift reflects heightened risk appetite among investors. As Bitcoin increasingly mirrors stock trends, its role in mainstream finance evolves. With gold prices falling despite geopolitical tensions, Bitcoin's correlation with the S&P 500 grows stronger. Investors must consider the implications of this integration.
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