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Bitcoin’s Record Stocks Correlation Could Turn Into a Lifeline

  • Bitcoin’s correlation with U.S. stocks reaches all-time high
  • If shares rebound, that could lift Bitcoin and other cryptos
Bloomberg business news
Bitcoin Deepens Tech Stocks Ties in Record Correlation
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Bitcoin is moving in tandem with stocks like never before as both slump, but that link-up could yet bring some respite for the largest cryptocurrency if shares stage a rebound.