- Bitcoin and other cryptocurrencies are no longer “a hedge against market risk” and “now more closely track the rest of the market,” says UC Irvine’s Bill Maurer - ‘There have been six episodes where Bitcoin dropped by more than 60% – so fasten your seatbelt. However, one commonality is that Bitcoin recovered and continued to appreciate every time,’ says Duke University professor Campbell Harvey ISTANBUL As global markets reel from renewed US tariffs, persistent inflation fears, and fading

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