Live updates: Bitcoin holds above $61,000 as momentum stocks plunge to start quarter

60-second summary

Bitcoin is currently holding above $61,000 as market volatility intensifies, with momentum stocks plummeting to start the quarter. The cryptocurrency's price stability contrasts with the decline of tech-heavy stocks, which are experiencing significant losses. This divergence is a notable trend, with Bitcoin's resilience potentially indicative of a flight to safety amidst market uncertainty, influencing investor sentiment and portfolio allocation strategies.