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The return of a strong connection between bitcoin and stocks comes amid heightened concerns about of The Wall Street Journal, is being formed to support monetary policies.
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Dr. Jeff Ross Breaks Down Correlation of Bitcoin and the NASDAQTypically, a strong correlation is above and a moderate correlation is above Higher correlations show that assets are moving in the. Bitcoin, gold and NASDAQ: one-year correlation analysis. Year-to-date, Bitcoin has gained roughly 58%, rising from $16, at the start of the. The day rolling correlation between bitcoin and Nasdaq, S&P is now at the lowest level observed since July , according to data.
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