VT - Correlation Between Bitcoin And The Stock Markets Suggests A New Correction Could Be Coming
- In the midst of some difficult months for the international stock markets, cryptocurrencies have almost recovered to their all-time highs.
- It is interesting that this recovery happened in absence of rising stock markets, this is a clear trend break with large Bitcoin price moves in the past.
- In this article, I try to find reasons if and why the correlation between Bitcoin and the stock markets could have changed or reverted.
- Rising worldwide inflation is a topic of which the impact on cryptocurrency is not so clear-cut, but it might have real influence.
- Be careful, since during the last couple of years, Bitcoin often experienced large moves downwards after volatility increases.
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Correlation Between Bitcoin And The Stock Markets Suggests A New Correction Could Be Coming