Author Topic: Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High (Read 1449 times)

newshunter · « **on:** July 12, 2020, 07:00:36 PM »

Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price?

Source: Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

Would appreciate your opinion about this

Altcoins Talks - Cryptocurrency Forum · « **on:** July 12, 2020, 07:00:36 PM »

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TomPluz · « **Reply #1 on:** July 13, 2020, 05:29:05 AM »

Well, it can mean that Bitcoin has remained uncoupled with the movement of the S&P 500 and that many investors and traders can be looking at this at their gauge and the more that many are basing their decisions on this connection then the more that BTC could not get away from this influence. This is actually just in the minds of these people.

Altcoins Talks - Cryptocurrency Forum · « **Reply #1 on:** July 13, 2020, 05:29:05 AM »

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Author Topic: Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High (Read 1449 times)

newshunter

Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

Altcoins Talks - Cryptocurrency Forum

Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

TomPluz

Re: Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

Altcoins Talks - Cryptocurrency Forum

Re: Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High