Correlation between Bitcoin BTC and Nasdaq NDX
Bad news for diversification.
Bitcoin looks like not only a store of value but also a tech stock.
This means, when there is a recession "correlations going to 1" i.e. crypto is in trouble.
Bitcoin looks like not only a store of value but also a tech stock.
This means, when there is a recession "correlations going to 1" i.e. crypto is in trouble.
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