Fund managers dump US stocks at record pace — Can recession fears hurt Bitcoin?

Bitcoin’s (BTC) price action has closely mirrored that of the US equity market in recent years, particularly the tech-heavy Nasdaq and the benchmark S&P 500. Now, as fund managers stage a historic exodus from US stocks, the question arises: could Bitcoin be the next casualty?Fund managers dump US stocks at record monthly paceInvestors slashed their exposure to US equities by the most on... source: https://cointelegraph.com/news/fund-managers-dump-us-stocks-recession-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound