Noticed Bitcoin's bounce is already starting to fade. Looks like the broader market weakness in software and PE is finally catching up to crypto. When traditional markets get hit hard, the spillover effect usually takes a few days to fully materialize, but we're seeing it now. The correlation between equity weakness and crypto selling pressure is pretty clear at the moment. Even though we got that initial pop earlier, it seems like it's not holding. Worth keeping an eye on how tech stocks perform over the next few days - crypto tends to follow that lead pretty closely these days. The lower we see equities go, the more downward pressure we'll likely see on digital assets.

BTC0.01%
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