Matt Hogan, Chief Investment Office in Cryptocurrency BitWise Fund Director OPINED The current correction will be "short -term" if history is any evidence.

In fact, Bitcoin tends to outperform these short -term declines in the long term.

Over the past decade, if you look at all days when SPX decreased by 2 % or more, Bitcoin has decreased on average by 2.62 %. In gold, compared, increased by 0.11 % on average, indicating that it is hedging Best for one day and Hogan said: "

As U.Today, the US Securities Market has been subjected to an aftermath after a highly efficient and powerful model is released by the Chinese Deepseek.

NVIDIA shares have collapsed by more than 17 %, the largest decrease since March 2020. The maximum of the leading American chip maker market has lost more than half a trillion dollars.

Earlier in the day, Bitcoin reached the highest level during the day 97,791 dollars, according to Coingecko data.

However, the encrypted currency managed to recover quickly, and is currently trading above the level of Make-II-Break-Break-IT $ 100,000.

Some market monitors rushed to note the Bitcoin power. Chris Bersec commented from VC, that the NASDAQ 100 technology index has led to the weakness of the leading cryptocurrency during the last sale despite the fact that the former has the maximum market for more than 27 trillion dollars.

It should also be noted that Bitcoin is only 8 % away from the record number of seven days ago.