Understanding Bitcoin, Nasdaq-100 Correlations

Bitcoin and other cryptocurrencies are consider alternative assets comparable to commodities and other “alts.” That implies digital currencies should not move in concert with traditional asset classes, such as stocks and bonds. Indeed, there are times when the digital currency’s price action departs from equities. But there are also occasions when it is closely linked [...] The post Understanding Bitcoin, Nasdaq-100 Correlations appeared first on ETF Trends .