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Bitcoin Surpasses $64K Amid Rising Correlation with S&P500 Following Fed’s Rate Cuts

Bitcoin Surpasses $64K Amid Rising Correlation with S&P500 Following Fed’s Rate Cuts


CoinOtag
2024-09-25 22:30:41

Cryptocurrencies, though perceived as uncorrelated with traditional markets, are now showing significant alignment with stock market trends. Recent Federal Reserve interest rate reductions have driven a higher correlation between digital


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