Recently, I noticed that Bitcoin is once again moving in sync with the stock market. When it dropped below $66,000 a while ago, the U.S. stock market was also falling, indicating a pretty strong correlation between the two markets. Now, Bitcoin has rebounded to over $73,000, up 1.25% in the past 24 hours, showing signs of recovery.



In recent years, the linkage between cryptocurrencies and traditional stock markets has become increasingly evident, and the era of complete independence seems to be over. Whenever there is any movement in the U.S. stock market, the crypto space tends to fluctuate accordingly, and vice versa, major market trends in crypto can sometimes influence the overall sentiment of risk assets. So, when trading now, you can't just watch the crypto prices; you also need to pay attention to the stock market trends.
BTC1.25%
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