Some investors are worried that there might be a contagion spreading from Bitcoin to equities. According to CNBC, we are seeing a “divergence” that is rapidly widening between the S&P 500 and Bitcoin.
So, what does this mean? It should be a relief to equities investors. However, for Bitcoin investors, the $5,000 mark is going to be the hard line separating Hodlers from speculators. Do we see forced liquidations ahead? Possibly. It will also be interesting to see how many people are going to buy the digital currency.
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