BTC’s Strength Amid Nasdaq Drop is Impressive, But Potential Basis Trade Blowup That Catalyzed the COVID Crash Poses Risk

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Crypto News

Bitcoin’s (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency’s potential as a haven asset. Still, the bulls might want to keep an eye on the bond market, where dynamics that characterized the COVID crash of March 2020 may be emerging. Nasdaq, Wall Street’s tech-heavy index […]