Bitcoin craters amid equity market rout

Bitcoin once again proves that it is not a safe haven asset. The most famous cryptocurrency drops over 20% today and is trading at the lowest level since May 2019. The coin even traded below the $6,000 mark at one point. However, Bitcoin is trying to recover from the drop.

Bitcoin is making a massive dive today. The coin trades over 35% off the mid-February peak. Source: xStation5

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