Block Is Crypto-Correlated, but There’s More to the Story

Block (NYSE:SQ), the company formerly known as Square, fits the bill as a crypto-correlated stock. That’s the result of its fintech roots and due in part to the ability of Cash App customers to buy and sell bitcoin. As a result of those traits, shares of Block are off almost 61% year-to-date. Indeed, that decline [...] The post Block Is Crypto-Correlated, but There’s More to the Story appeared first on ETF Trends .