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Market Cap:
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Bitcoin Bitcoin Share: 59.75%
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cryptonews
2023-03-08 00:18:00

Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price

Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price

The positive correlation between the Bitcoin price and US stock prices, which reached a record high in 2022, is fading. The Bitcoin bulls will be hoping that this decoupling bodes well for Bitcoin, given it might mean that the US stock market’s ongoing struggles might be becoming less of a headwind for the world’s largest cryptocurrency.... Read More: Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price

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