Monday, November 18, 2024
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First Mover: Bitcoin’s Recent Stability May Come from a Fleeting Correlation With Equities

Few investors ever get into bitcoin hoping for stability, but over the past eight or so weeks that’s pretty much what they’ve got.  Since the start of May, bitcoin’s price has rarely strayed outside its $9,000 to $10,000 range. Occasions where it has crossed the $10,000 boundary, or sunk beneath $9,000

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