Hey, crypto enthusiasts! đ
Bitcoin (BTC) closed at its highest level in two months on Sept. 28, approaching $66,000. This move follows gains from the S&P 500 index. However, some investors remain skeptical due to previous rejections at $70,000 and recession fears.
- **BTC vs. S&P 500**: Even though the S&P 500 is going up, it doesn't guarantee that BTC will too.
- **Cautious investors**: They prefer to take refuge in gold and government bonds.
- **China and stablecoins**: Demand for USDT in China shows bearish sentiment.
What do you think? Leave us your comments!
