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Bitcoin holds near September highs as crypto stock proxies slide

Bitcoin is holding near its highs for September even as crypto-linked stocks slip, according to market charts shared by TradingView. The divergence is drawing attention because it suggests spot demand for the cryptocurrency may be firming while equities tied to the sector, such as exchanges and miners, are under selling pressure, leaving traders debating whether the split signals caution or a healthy reset.

Why now: The gap between Bitcoin's price strength and weakness in crypto-related stocks is fuelling debate about the market's direction.

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