Source: Coindesk.com
To the general populace, bitcoin is considered a risk-on asset due to its volatility and perceived correlation with U.S. equities. In 2024, bitcoin and nasdaq have gone up or down together on the same day only 52% of the time.
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The post "Bitcoin's Correlation to U.S. Equities and Ether Weakens: Van Straten" appeared first here Coindesk.com.
Source: Coindesk.com
