PANews reported on November 13 that the correlation between BTC and US stocks remains at a high level of about 0.8. However, BTC is more sensitive to the decline of the Nasdaq index and less sensitive to its rise. This negative performance has now reached the level of the end of 2022.PANews reported on November 13 that the correlation between BTC and US stocks remains at a high level of about 0.8. However, BTC is more sensitive to the decline of the Nasdaq index and less sensitive to its rise. This negative performance has now reached the level of the end of 2022.
Wintermute: BTC has a high correlation with US stocks but reacts more significantly to declines.
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PANews reported on November 13 that the correlation between BTC and US stocks remains at a high level of about 0.8. However, BTC is more sensitive to the decline of the Nasdaq index and less sensitive to its rise. This negative performance has now reached the level of the end of 2022.
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