Summary
Bitcoin outperformed U.S. equities and gold with a 1% gain in the past 24 hours, erasing previous losses. At $69,800, it slightly dropped from $70,000 level.
Key Points
1. Bitcoin outperformed U.S. equities and gold, erasing all its losses and being up over 1% over the past 24 hours.
2. The dip in various asset classes was evident, but bitcoin managed to recover and trade at $69,800, slightly down from the $70,000 level.
3. Despite the market volatility, bitcoin showed resilience and maintained its position as a strong investment option during uncertain times.