Back to 10k
Though most traders might be completely spooked by a loss of nearly 5% in a day, bitcoin hodlers aren't breaking any sweat. Even the old memes depicting the hodl mentality have begun to fade.
The price per bitcoin is $10,000, and it has traded around this level with few exceptions since mid-2019. The average price over the last 200 days is now just shy of $9,200.
So, while stock traders are currently dealing with a two-month low in a market that's largely driven by momentum, bitcoin is seeing incredible stability in a market that's largely been driven by stocks.
True believers, however, are quite sure that it's only a matter of time before we see a true decoupling, when these multi-asset sell-offs won't affect crypto assets quite as much. I guess we'll need to wait and see how this plays out.
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