Bitcoin proving to be an independent player in European market turmoil
Bitcoin has a revealed negative correlation with the turmoil currently hitting the largest European stock markets.
Quick Take
- Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S.
- Bitcoin has a -0.21 correlation with the FTSE 100.
- Bitcoin has a -0.71 correlation with the DAX.
- Bitcoin has a -0.39 correlation with the Stoxx Europe 600.
Latest Report
Silvergate: A postmortem
CryptoSlate’s latest report dissects the dying crypto bank to see why it went under and how other banking giants could share Silvergate’s destiny.
Andjela Radmilac · 4 days ago
About Post Author
