Bitcoin proving to be an independent player in European market turmoil
Quick Take Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S. Bitcoin has a -0.21 correlation with the FTSE 100. Bitcoin has a -0.71 correlation with the DAX. Bitcoin has a -0.39 correlation with the Stoxx Europe 600. BTC correlation: (Source: Trading View) The post Bitcoin proving to be […]
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Quick Take
- Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S.
- Bitcoin has a -0.21 correlation with the FTSE 100.
- Bitcoin has a -0.71 correlation with the DAX.
- Bitcoin has a -0.39 correlation with the Stoxx Europe 600.
The post Bitcoin proving to be an independent player in European market turmoil appeared first on CryptoSlate.
