Markets· ★★★· bullish·

Coinbase: Bitcoin is decoupling from chip stocks

  • —Chip stocks fell by double digits over two weeks, the second slide since June
  • —Bitcoin held up markedly better than chip stocks in both selloffs
  • —Analysts see signs BTC is decoupling from the tech sector
Why it matters: Weaker correlation with tech stocks could make bitcoin less vulnerable to equity-market selloffs.
#BTC
Source: PANews
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