BTC correlation with stocks is ebbing as a dip below $24,000 knocks out the 'Notorious B.I.D.'
recorded lows of $23,871 on Bitstamp, with S&P 500 futures slipping under 4,000 ahead of the Wall Street open.
For Cointelegraph contributor Michaël van de Poppe, who was hoping that the correction would be short lived, it was nonetheless time to wait and see. Dylan LeClair, senior analyst at UTXO Management, meanwhile warned that a"crisis" between stocks and U.S. bonds continued to play out.
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