Bitcoinist
2020-05-12 12:00:59

Bitcoin Correction Fears Mount as S&P 500 Prints Signal That Preceded 35% Crash

It’s a common sentiment now that Bitcoin benefited from the recovery in stocks since the March lows. After all, if stocks had continued to crash, there likely would have been a rush for cash across all asset classes. When cryptocurrencies and the S&P 500 crashed in tandem on March 12th, analysts knew that something was up, that a correlation was potentially there. This was made certain when BTC rallied in the weeks that followed, eventually […]

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