Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their daily moves, but this time, as of writing, bitcoin (BTC) is up 0.5%. What gives?
- Wed, 30 October 2024