Jan 28, 2022
Bitcoin’s 90-day correlation with tech stocks, in contrast to the 2018 sell-off where BTC was not correlated with tech stocks at all, suggests the bottom is not necessarily where the marginal crypto native seller capitulates, but where the marginal legacy macro seller becomes exhausted.
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/ob6ouiJm-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/XZIlKEPe-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/AMpyoP91-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/qk63TCe1-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/jnvsIRcL-1920.jpg)
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.