{"id":136288,"date":"2024-08-27T22:00:41","date_gmt":"2024-08-27T19:00:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136288"},"modified":"2024-08-27T17:23:10","modified_gmt":"2024-08-27T14:23:10","slug":"bitcoin-btc-shows-increased-correlation-with-u-s-stocks","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-btc-shows-increased-correlation-with-u-s-stocks\/","title":{"rendered":"Bitcoin (BTC) Shows Increased Correlation with U.S. Stocks"},"content":{"rendered":"
The report<\/a><\/strong> shows that Bitcoin (BTC<\/a><\/strong>) is increasingly moving in tandem with U.S. stocks, signaling a return of risk-taking behavior in the crypto market.<\/p>\n Bitfinex attributes the recent BTC rally to a growing correlation with equities and significant short liquidations that have potentially reset the market dynamics.<\/p>\n Notably, $40 million worth of Bitcoin futures and $140 million in other asset pairs were liquidated on August 23, reflecting a drop in market leverage.<\/p>\n