Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.
Related posts:
What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over?
Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move
The market isn’t surging anytime soon — so get used to dark times
BIS, UN, Hong Kong Monetary Authority concludes tokenized green bonds trial