More than a decade into its existence, Bitcoin is finally maturing into a full-blown stock market hedge. That’s the conclusion of new research from crypto prime dealer SFOX, which indicates that Bitcoin and other major cryptocurrencies like Ethereum have developed a negative correlation with the S&P 500. This means that as the stock market bellwether […]
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Source: https://www.ccn.com/crypto/bitcoin-price-correlation-stock-market/2019/08/07/