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IMHO it’s due to Bitcoin’s a fairly high correlation to US markets (SPY) in 2020/2021, which have had a downturn due to the fed turning more hawkish.
by kipchak 5y ago
IMHO it’s due to Bitcoin’s a fairly high correlation to US markets (SPY) in 2020/2021, which have had a downturn due to the fed turning more hawkish.