2025-11-23 11:28:30

Recently, the sharp decline in Bitcoin's value has repeatedly led to a decline in the value of global stocks. As stock prices fall, so do stocks. And the decline has been significant – by a third since the beginning of October, to around $84,000. Bitcoin is only another $84,000 away from reaching a fair value.

Stock markets have regained some of their footing after a shaky start to the week, which was presented on Wednesday by chip giant Nvidia. However, it was the decline in Bitcoin's price that soured sentiment again on Thursday, and stocks quickly followed suit. Cryptocurrencies have now become a key barometer of sentiment and speculative enthusiasm among mainstream investors – finally, a truly useful application.$BTC #BitcoinPriceWatch #MySuggestionsforGateSquare #GateChristmasGiveaway #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates

BTC-3.2%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.