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The Daily Hodl 2022-02-05 21:00:09

Bitcoin’s Correlation to Tech Stocks Surges Amid Macro Uncertainty: Analytics Firm IntoTheBlock

The price of Bitcoin (BTC) is increasingly correlating with that of tech stocks amid widespread uncertainty in the crypto markets, according to analytics firm IntoTheBlock. In a new article, the market intelligence agency says that Bitcoin’s congruence with the Nasdaq 100 has reached a level it hasn’t seen in nearly two years and that the […]The post Bitcoin’s Correlation to Tech Stocks Surges Amid Macro Uncertainty: Analytics Firm IntoTheBlock appeared first on The Daily Hodl.

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