Bitcoin’s Correlation With Traditional Markets Grows—What It Means for Investors

TL;DR Bitcoin’s price has fluctuated between $91,000 and $102,000 for over three months, but it dropped sharply due to the Bybit hack and a mass sell-off of S&P 500 options. The crypto market has gone through a broad correction, with huge losses in February, exacerbated by growing economic uncertainty and BTC’s increasing correlation with traditional ... source: https://crypto-economy.com/bitcoins-correlation-with-traditional-markets-grows-what-it-means-for-investors/