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Bitcoin Ditches The Pack: Risk Assets Down, BTC Holds Steady

  • Bitcoin maintained its price above $80,000 while US stocks experienced a massive sell-off last week.
  • US stock market lost $2.85 trillion, but Bitcoin remained stable, experiencing a 1.3% increase in price.
  • Cryptocurrency markets received $5.4 billion in new investments while stocks and gold decreased, challenging the traditional view of Bitcoin as a risky asset during uncertain times.
  • Bitcoin's price stability and ongoing institutional purchases suggest increasing confidence in its value as a store of value.

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