Target 1260x827 1 Bitcoin, crypto drop as stocks slump in the US

Bitcoin, crypto drop as stocks slump in the US

– The overnight market selloff in the U.S. caused Bitcoin’s price to drop by 4.4%.
– The selloff was led by Target’s poor Q1 earnings, which caused the company’s shares to drop by 25%.
– Bitcoin is now more correlated with risk assets than ever before, meaning that it is more vulnerable to market volatility.
– The altcoins Cardano and Solana were the hardest hit by the selloff, losing 12% and 11% respectively.

 

 

Target Bitcoin, crypto drop as stocks slump in the US
Bitcoin, crypto drop as stocks slump in the US 3

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