Bitcoin Reaches New 17-Month High As Crypto Market Decouples From Equities

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In a significant development for the cryptocurrency market, Bitcoin has once again surged to a new 17-month high on October 25, 2023, with a market value of $35,116. What makes this achievement even more compelling is the fact that it coincides with a decline in the S&P 500 index, with the sector value dropping to $4,184, the lowest since June 2023. This decoupling of cryptocurrencies from traditional equities may signal the dawn of a new era for digital assets. 🥳 #Bitcoin scratched its way to a new 17-month high again today. Even better, #crypto market caps are growing as the

The post Bitcoin Reaches New 17-Month High As Crypto Market Decouples From Equities appeared first on The Merkle News.

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