Report: Bitcoin Negatively Correlated With Traditional Markets

Report: Bitcoin Negatively Correlated With Traditional Markets

Bitcoin (BTC) trading platform SFOX has released a report on the volatility of the cryptocurrency market in May 2019, finding that the value of crypto is negatively correlated with the success of traditional markets.

SFOX published the study on June 6, 2019, claiming that in May “BTC had a nearly perfect negative correlation…

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