A Portfolio Visualizer chart comparing $10,000 investments in bitcoin and UltraPro QQQ ETF shows similar returns over three years. Bitcoin no longer diversifies portfolios but mirrors tech stock frenzy. ETFs tying crypto prices to market movements eliminate diversification benefits and make bitcoin behave like a small-cap stock.

The recent crypto crash has shown bitcoin falling as stocks rise, attributing it to retail traders selling assets to cover margin calls. Joachim Klement notes it’s a cycle, and the Fed may intervene if needed. Bitcoin is down 33% from its peak, but ethereum and other cryptocurrencies have suffered more significant losses.

Harvard’s $400 million bitcoin investment near the market peak has lost over $100 million. Despite being a small portion of the $57 billion endowment, it highlights even smart money can make risky decisions. The recent crypto market volatility serves as a crucial indicator for broader market trends. 1. Getty Images announced a new partnership with the International Paralympic Committee to become the Official Photographic Agency of the Paralympic Games starting with Beijing 2022. This collaboration aims to promote diversity and inclusivity in sports photography.

2. The partnership will give Getty Images exclusive access to capture and distribute imagery from the Paralympic Games, showcasing the incredible athletic achievements and inspiring stories of para-athletes. The images will be available for editorial and commercial use, helping to raise awareness and celebrate the Paralympic movement.

3. Getty Images has a long history of supporting diversity and inclusion in sports photography, and this partnership with the IPC further solidifies their commitment to representing a wide range of athletes and events. The company is excited to capture the power and beauty of the Paralympic Games through their world-class photography.

Read more at Yahoo Finance: Bitcoin isn’t what you think it is