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Market Wrap: Bitcoin Expected to Breakout and Rise with Altcoins – CoinDesk

Admin by Admin
November 5, 2021
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Market Wrap: Bitcoin Expected to Breakout and Rise with Altcoins – CoinDesk
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Bitcoin’s correlation with the S&P 500 continued to rise over the past month, suggesting investors’ appetite for risk remains strong. On the other hand, demand for Treasury bonds, once deemed to be safe investments, has declined given market expectations of rising inflation and slowing economic growth.

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