Bitcoin Gains, Diverging From Stock Correlations
Bitcoin prices uncoupled from stocks in the last two weeks as concerns of U.S. economic stability and global trade wars weigh heavily on investors. The world’s largest cryptocurrency may warrant greater consideration this year should it provide increasingly noncorrelated performance to stocks. The price of bitcoin (BTC) touched above $88,000 in trading on Monday, April [...] The post Bitcoin Gains, Diverging From Stock Correlations appeared first on ETF Trends.
Bitcoin prices uncoupled from stocks in the last two weeks as concerns of U.S. economic stability and global trade wars weigh heavily on investors. The world’s largest cryptocurrency may warrant greater consideration this year should it provide increasingly noncorrelated performance to stocks. The price of bitcoin (BTC) touched above $88,000 in trading on Monday, April [...]
The post Bitcoin Gains, Diverging From Stock Correlations appeared first on ETF Trends.