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Crypto And US Stocks Near-Record Correlation Levels After Fed Rate Cut—What To Watch For

Crypto And US Stocks Near-Record Correlation Levels After Fed Rate Cut—What To Watch For


Bitcoinist
2024-09-24 04:00:00

According to a recent report from Bloomberg, crypto assets and US stocks are increasingly moving in tandem, reflecting a significant correlation that has not been seen in recent months. This correlation suggests that the macroeconomic factors influencing equity markets also shape the digital asset landscape. Correlation Between Digital Assets And S&P 500 Per the report,


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