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But we saved everything 🙂.
Nik Bhatia said that, according to apparent consensus, bitcoin is expected to suffer if the Nasdaq begins to roll over significantly. He cited the historically and currently high correlation between bitcoin and technology stocks as a key factor in this assessment.
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Bhatia recently commented that Anthropic and OpenAI should consider moving forward with IPOs as credit and risk markets may soon tighten, according to his analysis in a previous article. He has also noted that France last defaulted on government bonds in 1848, raising the possibility of another occurrence in his report examining French bond history. These observations underscore his focus on shifting financial conditions across both equity and sovereign debt markets.