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Bitcoin proving to be an independent player in European market turmoil

  • March 15, 2023
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Quick Take

  • Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S.
  • Bitcoin has a -0.21 correlation with the FTSE 100.
  • Bitcoin has a -0.71 correlation with the DAX.
  • Bitcoin has a -0.39 correlation with the Stoxx Europe 600.
BTC correlation: (Source: Trading View)
BTC correlation: (Source: Trading View)

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