Insights

Bitcoin proving to be an independent player in European market turmoil

exchange68September 13, 2024

0 0 1 minute read

Quick Take

Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S.
Bitcoin has a -0.21 correlation with the FTSE 100.
Bitcoin has a -0.71 correlation with the DAX.
Bitcoin has a -0.39 correlation with the Stoxx Europe 600.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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