👋The correlation coefficient between “Bitcoin” and technology stocks returns to the positive region

✅The coefficient rose to 0.4 within 30 days, and “Bitcoin” rose 2%

After the direct relationship between the two asset classes collapsed in June, the largest digital currency returned to reflect price movements on the Nasdaq 100 index, which continues to rise. The benchmark index for technology companies rose more than 40% this year amid the huge boom in artificial intelligence.

Its correlation with stocks is expected to increase over the next few months.”