[tardygrad]

> Chris Burniske and Jack Tatar suggest that crypto assets have low/negative correlation with traditional asset classes

The DJIA and Bitcoin charts seem well correlated, at least over the past month: DJIA: https://www.marketwatch.com/investing/index/djia Bitcoin:https://bitcoincharts.com/charts/bitstampUSD#rg30ztgCzm1g10z...

In my opinion people treat it as they would any speculative asset.

[freejulian]

Huh? You can’t cherry pick your data and claim something is “well correlated”. Well researched data shows bitcoin has no correlation to any exising asset class which is why it’s a great risk reducer to add to a portfolio.

[acjohnson55]

Your retort would be more convincing if you linked to some sources.

[freejulian]

https://www.signalplot.com/what-is-bitcoins-correlation-with...