The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem
Traders have been treating Bitcoin as a high-beta proxy for a similar threat urge for food driving Nvidia and the Mag-7, one that ought to transfer with equities on inexperienced days. Instead, Bitcoin misplaced its $80,000 assist and registered an intraday low of $78,759.70 on May 13, whereas the S&P 500 registered a brand new…
