Bitcoin Surged 22% in August as Stocks Stalled: Is BTC Decoupling?
Bitcoin jumped 22% in August as gold correlation hit a six-year high. Analysts say shifting links may aid diversification as Wall Street adopts blockchain.
Bitcoin went up a lot in August while regular stocks didn't move much, and it's acting more like gold now—a safe investment. When different things move in different ways, it can help people spread out their money so it's not all in one place.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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