A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should continue in the near term. Not Uncorrelated: Stocks and Cryptocurrency […]
Source: https://news.bitcoin.com/cryptocurrency-and-stocks-show-high-correlation-levels-as-macroeconomics-start-driving-markets/