Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee
Source: https://cointelegraph.com/news/bitcoins-price-moves-in-tandem-with-sp-500-says-tom-lee
Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500
October 5, 2019
CoinTelegraph