Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance


On a day where the Federal Open Market Committee (FOMC) left interest rates unchanged, both bitcoin and ether continued to decouple from traditional financial assets. BTC and ETH are down more than 4% and 7%, respectively month-to-date, while the S&P 500 and Nasdaq Composite Index have risen 4% and 5% over the identical time period.



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