Market Cap:
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Cryptocurrencies: 22503
Markets: 90871
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Market Cap:
24h Vol:
Cryptocurrencies: 22503
Bitcoin Bitcoin Share: 59.61%
Markets: 90871
Seeking Alpha
2022-04-14 10:59:00

Is Bitcoin 'Money' Or Just A New Flavor Of Risk Asset?

Is Bitcoin 'Money' Or Just A New Flavor Of Risk Asset?

To recite the obvious, BTC is highly volatile and this volatility shows up via correlations.At the moment, US stocks and tech shares show a relatively high degree of correlation with BTC lately.Meanwhile, Treasuries, gold, and the greenback are negatively correlated (in varying degrees) with BTC lately, although that’s far from a stable relationship, as previous years suggest.

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