Re:Stocks trampled as Nikkei crashes 13%
by baq on Monday August 05, 2024 @04:06AM
(#41159059)
BTC is just another asset to diversify into, so it'd be really weird if it wasn't affected by global deleveraging and some margin calls, even if tradfi.
[ Parent
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It occurs to me that BTC behaving this way is a good thing in the long term, because it means that people are treating it like other asset classes—something to rotate in/out of as appropriate—as opposed to its own thing (which, in this context, means "different"/"bad")