Bitcoin could still be in line to hit $34,000 despite stocks-induced downside.
The pair had
with United States equities, with the S&P 500 particularly in focus as it set its largest intraday decline since June 2020. Drama over Tesla, which was removed from the index amid ongoing controversy, fuelled the poor performance. The firm's CEO, Elon Musk, publicly rebuked those behind the decision, which appeared tied to adherence to so-called Environmental, Social and Governance criteria..Tesla is also invested in Bitcoin, the most powerful “S” holding one can have, something that boosts financial powers for tens of millions of people worldwide under authoritarian regimes and emerging markets
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