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Crypto & Stocks in Sync? Bitcoin Faces Death Cross Alongside Equities
In a shocking turn of events, the crypto and stock markets have found themselves eerily aligned. In a move that has left many experts stunned, Bitcoin’s price movement has begun to closely mirror that of major US equity indices, such as Nasdaq and S&P 500.
This phenomenon is not limited to a single incident but rather has been unfolding over an extended period. The uncanny correlation between these two previously distinct markets has left many scratching their heads, sparking heated debates about the potential implications of this synchrony.
In a recent interview, Fidelity Investments’ Director of Global Macro Jurrien Timmer shared his thoughts on Bitcoin’s trajectory and its potential to outshine gold within a decade.
Source: https://www.crypto-news-flash.com/crypto-stocks-in-sync-bitcoin-faces-death-cross-alongside-equities/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-stocks-in-sync-bitcoin-faces-death-cross-alongside-equities
