Bitcoin and the Risk-On Rally: What the Correlation Chart Tells Us?
With correlations to NASDAQ holding steady, Bitcoin is positioned to ride the next wave of market optimism
Bitcoin has long defied easy categorization. Is it digital gold, a tech stock in disguise, or an anti-fiat insurgent? Over the past decade, it has been called all three—and more. But if recent data tells us anything, it’s this: Bitcoin continues to behave like a risk-on asset. And in today’s market environment, that’s not a bug—it’s a feature.
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