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Why Bitcoin’s Dip Is Just a Pit Stop on Its Road to $200,000

Summary by WebsCrypto
Bitcoin’s recent price volatility has sparked widespread discussion, but its underlying logic extends far beyond the cryptocurrency itself—it resonates deeply with the broader fatigue in global risk assets. Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, offers a compelling insight: Bitcoin’s downward trend mirrors the performance of the “Magnificent Seven” U.S. stocks (e.g., Apple, Microsoft, and other tech giants) w…
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Why Bitcoin’s Dip Is Just a Pit Stop on Its Road to $200,000

Bitcoin’s recent price volatility has sparked widespread discussion, but its underlying logic extends far beyond the cryptocurrency itself—it resonates deeply with the broader fatigue in global risk assets. Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, offers a compelling insight: Bitcoin’s downward trend mirrors the performance of the “Magnificent Seven” U.S. stocks (e.g., Apple, Microsoft, and other tech giants) w…

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WebsCrypto broke the news in on Wednesday, March 12, 2025.
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