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Bitcoin Plunges Below $100K as Oil Shock Triggers Wall Street Risk Aversion
Bitcoin Plunges Below $100K as Oil Shock Triggers Wall Street Risk Aversion
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Black gold bleeds into crypto markets as Bitcoin gets caught in the crossfire.
Risk assets take a hit
The king of crypto tumbles below six figures as traditional markets panic over oil price volatility. Suddenly those "uncorrelated asset" claims look shaky when Wall Street sneezes.
Energy markets dictating crypto prices? Someone forgot to tell the Bitcoin maximalists about that correlation. Maybe those institutional inflows weren't the bulletproof shield everyone promised.
Watch those leveraged longs burn as the market reminds everyone: in crypto, the only sure thing is volatility. And Wall Street's risk models? About as reliable as a meme coin's white paper.
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