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Bitcoin's Recent Drawdown Proves Its More Than Just a Leveraged Tech Play

By Yahoo! Finance   |   2 weeks ago
Bitcoin's Recent Drawdown Proves Its More Than Just a Leveraged Tech Play

The US dollar index has dropped below 100, driving gold to record highs amid escalating tariffs and global economic uncertainty. Tech stocks and cryptocurrencies like Bitcoin have seen declines, with Bitcoin showing maturity in its 26% drop compared to other major tech stocks.

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