RATE Group | Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure
70864
post-template-default,single,single-post,postid-70864,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure

04 Dec Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure

Posted at 11:50h in Bitcoin News by

[ad_1]

For most of the year, bitcoin’s price showed a modestly negative correlation with the S&P 500. In other words, the world’s largest cryptocurrency by market capitalization tended to rise on days when the bellwether stock-market index fell, and vice versa.

[ad_2]

Source link

Tags:
, , , ,