Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Reaches Record High Correlation to S&P 500
by
pooya87
on 11/07/2020, 13:07:37 UTC
"Crypto is fully independent from financical market" they said, hah

and why do you think it has changed now? just because some news site said so! if you look back you can't find such news from any time before the COVID pandemic which has to tell you something about this brand new nonsense that is being spread these days and bitcoin has been around for 11 years! this FUD will continue playing for a while like all the previous ones and affect the thoughts of many but eventually vanishes too.
keep in mind that bitcoin being independent from other markets doesn't mean it is not affected by global events.