US Stock Market Faces Collapse as Bitcoin Surges Past 108000 Dollars
The U.S. stock markets are currently in turmoil as Bitcoin breaks through the 108,000 dollar mark, causing significant shifts across the financial landscape. The S&P 500 has reached an unprecedented 12-day losing streak, marking the longest in its history. This situation indicates a seismic change in the market sentiment as Bitcoin continues to establish itself as a dominant asset. Investors must navigate this volatile environment, understanding the correlation between traditional stocks and crypto assets. Future trends will depend on how these assets interact moving forward.
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