Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High By Cointelegraph
Lately, price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the and BTC reached a new all-time high.
Data from Skew shows that the one-year realized correlation reached 0.38 on Thursday, July 9 and this came after the metric had reached new highs earlier in the week.
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