Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests bitcoin is still a risk asset.
Source
Related posts
-
Bitcoin mining stocks slumping in pre-market trading
Many U.S.-based crypto mining stocks are reflecting Bitcoin’s weakness and are trading down close to 10%... -
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as... -
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for...