Bitcoin price action is decoupling from stock markets, but not in a good way
This week, stock markets are starting to flash a bit green and (Bitcoin) separates itself from traditional markets, but not in a good way. The cryptocurrency is down 3% while the high-tech stock market index is up 3.1%.
Data from the US Department of Commerce as of May 27 shows this person savings The interest rate fell to 4.4% in April, the lowest level since 2008, and cryptocurrency traders fear that deteriorating global macroeconomic conditions could further alienate investors from risky assets.
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