Market volatility struck digital assets and traditional markets in tandem this week, as Bitcoin pulled back to a new trading low in the $65,000 range—a valley that nearly reversed the gains the cryptocurrency had clawed back from its previous week plunge. The retreat, which mirrors a broader "mullet" pattern in market structure (strong in some sectors, weak in others), reflects the tight correlation between crypto and the technology sector. Software-heavy stocks experienced similar headwinds, suggesting that macro forces are driving synchronized sell-offs across related asset classes.
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