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0.69%Is Bitcoin More Correlated to Stocks or Gold?
According to analyst Lyn Alden, bitcoin's correlation to stocks or gold depends on bitcoin’s own cycle.
According to analyst Lyn Alden, the answer depends on bitcoin’s own cycle.
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on Long Reads Sunday, a reading of Lyn Alden’s piece for CoinDesk: “Bitcoin Correlations Depend on What Phase It Is In”
In it, Lyn argues that bitcoin’s correlation patterns are, in part, reliant on where bitcoin finds itself in its own cycles of expansion or consolidation.
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Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
