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COVID-19 Panic Tests Bitcoin Uncorrelated Asset Narrative

Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows that the

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Rouhani Scolds Iran for Coronavirus Panic; 60 Minutes Later, Health Minister Gets Infected

Iran’s deputy health minister has been infected with coronavirus. The news comes an hour after the nation’s President asked citizens to not panic about the epidemic. Experts believe the number of cases in Iran to be much higher. Iran’s Fars news agency has reported that the nation’s deputy health

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Gripped in Coronavirus Panic, S.Korea Confirms Army Soldier Infections

South Korea reports new cases of coronavirus as four army soldiers are affected. 6,400 soldiers are being diagnosed as a precautionary measure. The government raised alert level to the maximum, but reluctant towards imposing additional travel restrictions. Hours after the government of South Korea raised the alert level for

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Dow Struggles as Coronavirus Panic Inflames U.S.-China Tensions

The Dow Jones struggled on Thursday as the Trump administration changed its tune on China’s handling of the coronavirus epidemic. Top economic official Larry Kudlow stated the U.S. is “disappointed” with how events were playing out. Despite an inevitable economic shock, some Dow bulls believe the spike in infections could be good

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