Bitcoin (BTC) Holds Up as Chip Stocks Fall by Double Digits

Bitcoin (BTC) held up better than semiconductor stocks during two major pullbacks since June , including a two-week decline in which chip stocks fell by double digits. The repeated divergence may suggest markets are treating Bitcoin less as a leveraged stand-in for technology stocks. Its price action may be becoming less closely tied to the sector. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.