Bloomberg Quicktake published this video item, entitled “What Broke the Bitcoin-Nasdaq Correlation?” – below is their description.
Bitcoin’s infancy was characterized by the belief that it was uncorrelated to other assets –- a notion that quickly changed as a strong positive correlation developed to the Nasdaq. That correlation broke down in June of this year. Would a return to lower interest rates rekindle the relationship? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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