Bitcoin’s Correlation With Markets Grows, Challenging ‘Safe Haven’ Narrative

Bitcoin’s correlation with planetary markets—attributed by immoderate to accrued organization concern and algorithmic trading—challenges the communicative of it being a safe-haven asset, akin to gold. Bitcoin’s ‘Safe Haven’ Claim Challenged Following the U.S. imposition of a 25% tariff connected Canadian and Mexican imports, bitcoin (BTC) concisely plummeted beneath $93,000, dragging the crypto marketplace down. The […]