Bitcoin Correlation with Nasdaq Rises Amid Intensifying CPI Fears – What Traders Need to Know Now
Bitcoin’s connection to leading tech stocks has reached its highest point in two years, indicating it’s becoming more reactive to economic trends, especially with the upcoming Consumer Price Index (CPI) report in the U.S. Recent data shows Bitcoin briefly surged above $100,000, but concerns over the Federal Reserve’s potential interest rate hikes have caused fluctuations ...