Home / Bitcoin News Wire / Here are 2 charts that explain why the stock market meltdown and bitcoin’s slump are correlated — and that crypto is not a safe-haven asset like gold

Here are 2 charts that explain why the stock market meltdown and bitcoin’s slump are correlated — and that crypto is not a safe-haven asset like gold

“The correlation between bitcoin and high-growth benchmark ARKK still stands at ~60% year-to-date,” Fairlead’s Katie Stockton said in a Friday note.
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