Bitcoin temporarily falls below $57,000...US stock prices surge but also plummet

Bitcoin has plummeted by more than 2% even as U.S. stock markets rallied on easing recession fears.
As of 9:35 a.m. on the 16th, CoinMark, a global coin market relay site,
Bitcoin is trading at $57,436 (approximately JPY 8.55 million) on the market cap, down 2.69% from 24 hours ago. Bitcoin was trading at $57,000 (approximately JPY 8.45 million) about two hours ago.
90,000 yen) collapsed. This is the first time since August 8 that Bitcoin has collapsed from $57,000. On this day, Bitcoin rallied at once when the New York stock market rose,
The New York Stock Exchange began to plummet around the closing price. The exact reason for the sharp decline in Bitcoin on this day has not yet been made clear.
Bitcoin has experienced two recent crashes over the July 4th Independence Day holiday.
Bitcoin plummeted after German government agencies released 50,000 Bitcoins they had seized back into the market. The second plunge occurred about two weeks ago, when a large amount of yen carry trades were liquidated, causing a drop in global stock markets.
The reason for the sudden drop on that day has not yet been clearly explained. It is expected that the reason for the sudden drop will become clear as time passes.
As Bitcoin plummeted, Ethereum, the second largest cryptocurrency by market capitalization, fell 3.49%, while Solana, the fifth largest cryptocurrency by market capitalization, fell 1.7
They are down 4% each.