Bitcoin’s Correlation to Meme Stocks Reaches Highest Level Since 2020

Name: Bitcoin’s Correlation to Meme Stocks Reaches Highest Level Since 2020
Uploaded: 2022-03-30T20:32:45Z
Duration: 7 min 427 s
Description: CoinDesk Markets Analyst Damanick Dantes discusses bitcoin’s strong correlation with meme stocks at its highest level since 2020, and what it reveals about the crypto markets. Plus, his bitcoin price outlook as the Luna Foundation Guard purchased over $270 million in BTC this week for its UST stablecoin reserves.

Mar 30, 2022

CoinDesk Markets Analyst Damanick Dantes discusses bitcoin’s strong correlation with meme stocks at its highest level since 2020, and what it reveals about the crypto markets.

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