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Comment on Ask HN: It used to be that when stocks fall, Bitcoin goes up. What happened?

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I am not talking about a temporary flashcrash. People used to think of Bitcoin as a safe heaven when else goes downhill. Just like gold. I don't think that's the case anymore.

People used to think of Bitcoin as a safe heaven when else goes downhill

I don't really think this is true. There might be some bitcoin enthusiasts who hold this view, but I haven't seen any evidence of this belief in the wider finance community.

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