Recently, Bitcoin has indeed been having a tough time. After falling for seven consecutive trading days, it has now slipped to around $88,000. If this trend continues, it is very likely to set the longest losing streak since May 2023.
Interestingly, while the crypto market is in the red, traditional finance has quietly rebounded. The Dow Jones Industrial Average rose by 0.6%, and the S&P 500 also gained 0.5%. This contrast is indeed worth pondering—Bitcoin is dropping while the US stock market is climbing. This divergence between cryptocurrencies and traditional stocks mostly reflects differences in market participants' sentiment and shifts in capital flow.
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AirdropworkerZhang
· 10h ago
Really, this wave of decline is incredible, even 88k can't hold
Wait, no, the US stock market is rising while crypto is falling, are they trying to cut us?
Falling for seven days straight and still breaking records, I can't hold my position anymore
Funds are really fleeing to the US stock market, this divergence is too painful
By the way, is there still anyone daring to buy the dip now? I don't dare
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LonelyAnchorman
· 10h ago
88,000 can't hold up, it looks like we have to wait for a big player to step in and rescue the situation.
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RiddleMaster
· 11h ago
It's impossible to hold 88,000; this time it's really uncertain.
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ChainProspector
· 11h ago
$88,000? It dropped again, and I'm really starting to panic...
Wait, the US stock market actually went up? That's unbelievable, clearly funds are fleeing.
Falling for seven consecutive days, it feels like we're about to break a historical record, my mental state is about to collapse.
Traditional finance rebounds while the crypto market falls? This divergence is pretty harsh, all part of the game.
Why did it drop again? If this continues, how low will it go?
When US stocks go up, Bitcoin has to fall? This situation is really frustrating.
Seven days of decline, and my mental state has also been declining for seven days...
Funds are flowing into US stocks, our popularity here is fading.
$88k can't hold, where's the next line of defense?
It's back in the red again, this divergence happens every time. When will all of them rise together?
Recently, Bitcoin has indeed been having a tough time. After falling for seven consecutive trading days, it has now slipped to around $88,000. If this trend continues, it is very likely to set the longest losing streak since May 2023.
Interestingly, while the crypto market is in the red, traditional finance has quietly rebounded. The Dow Jones Industrial Average rose by 0.6%, and the S&P 500 also gained 0.5%. This contrast is indeed worth pondering—Bitcoin is dropping while the US stock market is climbing. This divergence between cryptocurrencies and traditional stocks mostly reflects differences in market participants' sentiment and shifts in capital flow.