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Bitcoin Bitcoin Share: 59.74%
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CoinGape
2022-08-24 04:16:17

Not Bitcoin, But This Altcoin Shows Greater Correlation to S&P 500

Not Bitcoin, But This Altcoin Shows Greater Correlation to S&P 500

Over the last week, Bitcoin (BTC) and the broader crypto market have come under selling pressure. This happens as the global macro conditions continue to remain jittery with an expected rate hike by the Fed next month. Bitcoin which has shown a strong correlation with S&P 500 is now losing the game to the world’s The post Not Bitcoin, But This Altcoin Shows Greater Correlation to S&P 500 appeared first on CoinGape.

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