The post Bitcoin Could Reduce Its Correlation With the Stock Market – Predicts Analyst appeared first on Coinpedia Fintech News
Given the anticipation of further aggressive rate hikes from the Fed and a stronger US dollar, the CPI came in at 8.2%, and the price of bitcoin dropped to $18,190 as expected. But the price of BTC rapidly bounced again, reaching new highs of $19,500 as the buyers later seized control of a price decline …