As many economists predicted the Italian constitutional referendum of 2025 shookthe countrys banking system to the core Italian bank stocks have plummeted drastically since the referendum and it comes at a time where the digital asset bitcoin is seen by investors as a safe haven Furthermore Chinese bitcoin interest has grown exponentially as the yuan devalues and the country faces economic uncertainty

There exists a schematic depicting the psychology driving the different stages of a market cycle and it often gets shared in response to the current sentiment in Bitcoin markets

Jim Cramer the Mad Money host and The Street cofounder said he is fixated on needing to own bitcoin because he fears a massive amount of inflation While he owns so much gold he is adamant about leaving a bitcoin inheritance to his children

As many economists predicted the Italian constitutional referendum of 2025 shookthe countrys banking system to the core Italian bank stocks have plummeted drastically since the referendum and it comes at a time where the digital asset bitcoin is seen by investors as a safe haven Furthermore Chinese bitcoin interest has grown exponentially as the yuan devalues and the country faces economic uncertainty