Bitcoin Breaks Away From Stocks in 50% Surge Defying Macro Peril

(Bloomberg) -- Concerns about further interest-rate hikes, a fizzling stock rally and a US crypto crackdown all suggest Bitcoin and other tokens should be beating a hasty retreat. Instead, they’re extending their 2023 rebound.Most Read from BloombergYou Want at Least $3 Million in Savings to Retire ComfortablyThe Biden White House Operated Under Cloak-and-Dagger Secrecy to Plan His Ukraine TripUS-China Meeting Only Worsens Tensions Over Balloon, RussiaStocks Muted, US Futures Fall as China Bets