(Credit to rexxit user u/JackTheTranscoder)
Could this be the start of a big foreign ownership dump?
this post was submitted on 20 Aug 2023
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Bitcoin should go up when USD and the economy crashes logically, but it goes down (also it's a ponzi scheme so it doesn't need to make sense). For the same reason this isn't true, people sell other assets when they take massive losses in one category and become insolvent. Liquidity and value of assets lower accross the board generally in this interconnected world economy of the modern era.