Risk assets have traded together this year, so what does it actually tell us about bitcoin?
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On this week’s “Long Reads Sunday,” NLW reads:
“Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think” – Noelle Acheson
“Why Bitcoin Has Been Highly Correlated With Fiat” – Steven Lubka
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “War” by Enoch Yang. Image credit: Violka08/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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