Evaluations of correlation between bitcoin and equities omit the truth that bitcoin adoption inside of conventional markets has been pushed through a fiat cave in fear.
Our primary dialogue: Buyers and the BTC value dip.
Bitcoin has pulled again from $12,400 to round $10,000. This dip has came about along a broader retracement in equities, led through falling tech shares.
Whilst some have levied correlation to equities as a failure of bitcoin, NLW argues this critique misunderstands the narrative that has pushed accumulation from new holders during the last six months.