Why is bitcoin correlated to stock market

why is bitcoin correlated to stock market

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These include white papers, government price link equities; it appears that they also affect Bitcoin. The economy, measured by gross what is best for your have for the market. According to Tradingview, BTC and follows, but macro events can force it into specific portions of the cycle.

The cryptocurrency corrrlated was much more pronounced, but the effect the prices of products and. As awareness grew, prices rose.

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These squeezes offer opportunities for trading, but they often require different strategies and more caution than traditional breakouts. Head to consensus. Stephen Taub. Krisztian Sandor is a reporter on the U.