Despite popular belief that Bitcoin operates independently, it closely mirrors the Russell 2000 index during risk-on market periods. Both assets show strong correlation, attracting investors seeking higher returns in optimistic economic conditions. This parallel movement reveals Bitcoin's growing alignment with broader market risk sentiment, though it typically exhibits more extreme volatility.
September News:
-Fri, Sep 6th Unemployment Rate & Labor Force Data
-Wed, Sep 11th Consumer Price Index (CPI)
-Wed, Sep 18th FOMC Meeting (Rate Cuts)
September News:
-Fri, Sep 6th Unemployment Rate & Labor Force Data
-Wed, Sep 11th Consumer Price Index (CPI)
-Wed, Sep 18th FOMC Meeting (Rate Cuts)
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