Bitcoin has defied predictions of a crash and continues to rise. Its value has soared by 76.7% in the last year and 1.01 million times since 2009. Compared to gold and stocks, Bitcoin has outperformed. Its independence from the stock market could make it a valuable addition to a diversified portfolio.

Factors contributing to Bitcoin’s success include global liquidity surge, Fed’s regulatory changes, and its speculative nature. The Fed’s recent guidance on crypto has made it more accessible, potentially driving its value even higher. Bitcoin is evolving from a risky bet to a stable asset with institutional adoption and global uncertainty shaping its future. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping over 500 points. Investors are concerned about rising inflation rates and potential interest rate hikes by the Federal Reserve.

2. A new study published in a medical journal suggests that a certain type of diet may help reduce the risk of developing Alzheimer’s disease. The diet, known as the MIND diet, focuses on consuming foods that are high in antioxidants and anti-inflammatory properties.

3. The United Nations released a report highlighting the urgent need for action to address climate change. The report warns that the world is on track to exceed the 1.5 degree Celsius temperature increase limit set by the Paris Agreement, with devastating consequences for the environment.

4. The city of New York announced plans to invest $100 million in improving mental health services for residents. The initiative aims to expand access to mental health care, particularly for underserved communities, and increase funding for mental health programs in schools and community centers.

Read more at Yahoo Finance: The Weird Reason Bitcoin Has Avoided a Major Crash, According to Andrei Jikh