“Bitcoin has effectively decoupled from the traditional markets since the start of the year, up over 80% while stocks have slumped,” said Alex Adelman, CEO of bitcoin rewards app Lolli, in an email to CoinDesk. “Bitcoin’s strength compared to the traditional markets shows that investors are increasingly shifting their capital into bitcoin, choosing it instead of traditional investments to build their wealth.”
Source: https://www.coindesk.com/markets/2023/04/11/bitcoin-shorts-take-on-87-of-futures-liquidations-as-btc-crosses-30k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines