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Bitcoin has been quite volatile lately. I saw news that it dropped to $85,200 at one point, but looking at the current chart, it's trading in the $80,000 range. Considering yesterday's movements, it still seems like the correction phase is ongoing.
What's interesting is the gold market. After a significant rise over the past few days, it has pulled back, which feels like a tug-of-war between risk assets and safe assets. Usually, during these times, the entire market is in a state of indecision.
Also, it seems that the decline in the Nasdaq is having a pretty big impact. Large tech companies like Microsoft are being sold off, and that ripple effect is spreading into the cryptocurrency market. The increasing correlation between stocks and Bitcoin has changed significantly over the past few years. For now, I can't take my eyes off stock market trends.