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Bitcoin Watches as Stocks Soar | Bitcoin and Crypto News
Description
While the S&P 500 surges with a $2.1 trillion gain—nearly matching the entire crypto market—Bitcoin barely moves, stuck near $64,600. Why? AI-driven stock gains don’t fuel crypto, recent hacks and insider selling weigh on Bitcoin, and traders are holding off, expecting a bottom in October. Unlike last year’s hype, investors now see Bitcoin’s four-year cycle as a reason to wait—not jump in. ETF inflows haven’t sparked major price action, suggesting demand is being absorbed without momentum. Bitcoin’s on pause, waiting for regulatory clarity and internal cleanup before it joins the rally.
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