Bitcoin correlation with tech stocks overblown: NYDIG

Bitcoin’s recent parallel movement with US software stocks is more of a case of shared exposure to macro events, rather than any structural convergence, according to financial services company NYDI...

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Bitcoin correlation with tech stocks overblown: NYDIG

Source: cryptonews.net

Bitcoin’s recent parallel movement with US software stocks is more of a case of shared exposure to macro events, rather than any structural convergence, according to financial services company NYDIG.In the past week, Bitcoin (BTC) rallied alongside US ...