The Daily Dive #129 - Bitcoin & Equities Performance Correlation
The recent talk of the town has been the correlation between bitcoin and equities, as the S&P 500 reached as far as 4.2% below its all time highs (the horror). Meanwhile, bitcoin is down closer to 40% below its $69,000 all time high (which is somewhat common for the notoriously volatile asset).
The two assets have been trading in a very correlated fashi…
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