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RE: LeoThread 2024-12-05 13:23

in LeoFinance7 days ago

Part 2/7:

Interestingly, despite Bitcoin's monumental rise, the immediate reaction from other markets was muted. Traditionally, a surge in Bitcoin is accompanied by positive sentiment and buoyancy in stock markets. On this occasion, however, while Bitcoin's market cap rose by approximately $1.3 trillion in recent months, stocks appeared resilient without a correlated surge. This situation prompts questions about the relationship between crypto assets and the equities market.

Wealth Effect and Spending Behavior