No, Bitcoin Didn’t Uncouple From Stocks But $6K BTC Is Back in Play
From cointelegraph.com
The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was this one of the worst openings ever, but it is also a destructive period for indexes around the world. To date, global equity markets are down between 30%-40% percent. Apart from that, gold, the usual safe-haven for traders, took a big hit today as it dropped 7%. Silver made a colossal crash of 22% and while Bitcoin (BTC) dropped 15%, it quickly rallied back up to touch $5,000. Does this mean the positive correlation between the equity markets and crypto over?
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