The S&P 500 and Nasdaq priced in Bitcoin have broken above the 200-week moving average, marking the first time since 2012
The S&P 500 Index and the Nasdaq Index priced in Bitcoin have broken through the 200-week moving average for the first time since 2012. This level had previously constrained each round of stock gains relative to BTC.
This change indicates that the parabolic rise of BTC relative to U.S. stocks may have come to an end.
Risk warning Risk warning
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