2022 – Bitcoin Price Action Decouples from Stock Markets, But Not in a Good Way By Cointelegraph

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.

USDT/BTC Margin Lending Ratio on OKX Exchange. Source: OKX
Bitcoin 30 Day Options 25% Delta Skew at Deribit Exchange. Source: Laevitas.ch

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