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Crypto's Correlation With Equities is Tight Again

@brianq
1 min read
29.08.2024
gold
spx
BTC


📊 Bitcoin has rebounded as high as $61.2K today as the S&P 500 is also bouncing. Whether crypto is leading equities, or vice versa, is up for debate. But it is clear that the correlation is tight between the sectors. Historically, BTC tends to break out when no reliance exists.

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