Jan 03, · Bitcoin’s correlation to stocks (or lack thereof) may be one of its biggest selling points. Wise investors generally try to diversify their portfolios to reduce risk. When one asset, such as stocks, falls, another type of asset, such as bonds, tends to rise or at least not fall as much. Oct 24, · BTC Shatters Correlation with the Stock Market One analytics firm noted that Bitcoin’s correlation with the stock market now sits at zero, which is a bull-favoring development. Feb 23, · The simultaneous crash in bitcoin price and equity market valuations last week set off a flurry of analyses investigating precedents to establish a correlation between both events. The available.
Bitcoin correlation stock marketBitcoin’s Correlation To Stock Markets is On The Rise
As long as this trend persists throughout the coming few weeks as the election nears, it could mark the start of a new era in which Bitcoin is fully decoupled from equities.
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For the best experience, top crypto news at your fingertips and exclusive features download now. News Business. By Colin Harper 4 min read. Disclaimer The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.