Bitcoin holds firm as $3.1T vanishes from U.S. stocks, sparking talk of a growing decoupling from Wall Street.
S&P 500 experienced a significant decline, wiping out over $3.1 trillion, while Bitcoin remained stable and unaffected by the market turmoil.
Major stocks such as Nvidia and Apple fell by more than 20%, highlighting the contrasting resilience of Bitcoin.
BlackRock's investment of $65 million in Bitcoin and the formation of a wedge in ETH draw attention to cryptocurrencies amidst the volatility of traditional markets.