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This is exactly what happened at Mt Gox almost a decade ago.

except those BTCs are not real. They are just pretend BTC in your account. You have to send it to your wallet

No, BTC is just fairly correlated with the US stock market.

More likely it's reacting to inflation data.

Yeah, this is almost certainly what's going on. Lower inflation has juiced up its price in the past, same with stocks.

Several of my stock holdings are up the same amount as Bitcoin is today.

Makes sense. It’s an iNfLatIon hEdGe.

Or it could be on the news that SBF was arrested?