TradFi selloff vs. Bitcoin resilience
Traditional markets reportedly crashed harder than crypto today, and CZ is praising Bitcoin's resilience. Traders are sharing crisis memes and cautious positioning.
What we know
An account on X quotes CZ saying TradFi crashed harder than crypto and that such crashes usually drag crypto down as people hoard cash, yet Bitcoin held up; TraderAG expects 'low 70s soon.' Stock-side sentiment is stressed: Another account on X posts a '#2008' meme, and credit-fund losses are in focus. Another account on X advises low leverage given likely manipulated volatility. Another account on X notes big BTC moves now tend to come midweek on macro catalysts.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.