Key Reason Why Bitcoin (BTC) Is Crashing Despite Surging Stocks

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Is the selling spree initiated by the German government responsible for Bitcoin's underperformance?

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

The US stock market is being propped up by the remarkable surge of tech giant Nvidia. After becoming the most valuable public company in the world, Nvidia's market capitalization now stands at a staggering $3.4 trillion. This makes it bigger than France's GDP and the entire crypto industry. The majority of traders believe that the U.S. Federal Reserve is going to cut rates before November.

MicroStrategy Makes Enormous Bitcoin Purchase, Shytoshi Kusama Reveals SHIB Game, 'Rocket Fuel' for XRP, ADA Could Be Here, Report Says: Crypto News Digest by U.Today MicroStrategy Makes Enormous Bitcoin Purchase, Shytoshi Kusama Reveals SHIB Game, 'Rocket Fuel' for XRP, ADA Could Be Here, Report Says: Crypto News Digest by U.Today

MicroStrategy Makes Enormous Bitcoin Purchase, Shytoshi Kusama Reveals SHIB Game, 'Rocket Fuel' for XRP, ADA Could Be Here, Report Says: Crypto News Digest by U.Today

 

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