Bitcoin’s Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team. Bitcoin's (BTC) price rose 23% in March as multiple U.S. banks went bust, bolstering fears that is a recession is coming. Several analysts have called the move higher a safe-haven rally – with the price gain being attributed to investors…
bubmagApril 6, 2023