Hacker News new | ask | show | jobs
by vannevar 2027 days ago
It's not a coincidence that Bitcoin is hitting highs at the same time as the stock market. Both are highly speculative at this point, and historically correlated.

From back in June, a prediction that Bitcoin would catch up with the S&P 500 based on the historical correlation:

https://cointelegraph.com/news/bitcoin-sp-500-correlation-me...