Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

Cointelegraph

Published Apr 05, 2020 12:57PM ET

Updated Apr 05, 2020 08:20PM ET

Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis.

This article will analyze the movement of global financial markets and its correlation with Bitcoin during the COVID-19 crisis. We’ll consider the following sources as price measures for the following.

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