Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.
I do not think this is connect to Facebook stock massive drop, I do not see how both price can even be related, this is just another bull run for bitcoin before the price may decrease again, I just know that this year will not really be so encouraging about bitcoin price, buti may be wrong.
altcoin were already bleeding more than 50% even for high marketcap altcoin and if the price of PC always fluctuating like right now since the early of this year, it's hard for altcoin to rise.
Altcoins decreased more than 50%, you can check there price like Doge, Qtum, Link, Neo.amd many like that that have dropped in price of over 250% or more.