Bitcoin's increasing correlation with the stock market is gradually eroding its role as a portfolio diversifier. This trend, evident in recent months, has raised concerns about Bitcoin's status as a safe haven asset.
Read MoreBitcoin's increasing correlation with the stock market is gradually eroding its role as a portfolio diversifier. This trend, evident in recent months, has raised concerns about Bitcoin's status as a safe haven asset.
Read MoreBitcoin (BTC) saw a decline to $62,700 after hitting a near one-month high of $64,500, coinciding with China’s latest economic stimulus measures. The People's Bank of China (PBoC) cut the reserve requirement ratio for banks by 50 basis points and reduced the seven-day reverse repo rate to 1.5%.
Read MoreThe GameStop stock saga of early 2021 stands as one of the most extraordinary events in stock market history. This unprecedented occurrence not only captivated global attention but also reshaped perceptions of market dynamics
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