Questions tagged [strong rally]

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Raffaele Raffaele Thu Jul 18 2024 | 6 answers 1120

How has bitcoin benefited from a strong rally in stock markets?

In recent months, we've witnessed a significant rally in stock markets, and seemingly, Bitcoin has also been enjoying the tailwinds of this upward momentum. Could you elaborate on how Bitcoin has specifically benefited from this strong rally in traditional financial markets? Have investors been shifting their portfolios to include more digital assets, or is it a case of increased mainstream acceptance leading to greater capital inflows? Additionally, has this positive correlation between Bitcoin and stocks impacted its price stability, or are there other factors at play?

How has bitcoin benefited from a strong rally in stock markets?

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