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Bitcoin's 90-day correlation with U.S. stocks rose to 0.17 last week

Bitcoin's 90-day correlation with U.S. stocks rose to 0.17 last week

Bitget2024/05/16 21:41

Bitcoin's 90-day correlation with U.S. equities rose to 0.17 last week, up from a multi-year low of 0.01 recorded in March, according to data.Nonetheless, Bitcoin's correlation with the risky asset is still well below bull market highs of 0.6 and above.

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