how do we explain what happened when Covid-19 was declared a pandemic? At that point Bitcoin was mainly affected by this news, its is also applies when the Federal Reserve started to raise interest rates several weeks ago.


The lack of correlation comes because we are talking about a global market in which supply and demand are controlled from everywhere, and not markets subject to supervision, as in the stock exchange, when it is possible to stop trading when large changes occur.

I didn't read the whole article, just replied to the part quoted.