Name: BTC Correlation to the S&P 500 Hitting 17-Month High
Uploaded: 2022-03-23T20:30:00.000Z
Duration: 1 min 22 s
Description: The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.

CD20$1,962.932.83%BTC$72,784.052.85%ETH$1,984.623.62%XRP$1.302.18%SOL$80.783.56%

BTC Correlation to the S&P 500 Hitting 17-Month High | CoinDesk Videos

Loading video...

CD20$1,962.932.83%BTC$72,784.052.85%ETH$1,984.623.62%XRP$1.302.18%SOL$80.783.56%

BTC Correlation to the S&P 500 Hitting 17-Month High | CoinDesk Videos