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Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion

Correlations between movements in the crypto and stocks have turned negative of late.

Updated Aug 2, 2023, 7:48 p.m. Published Aug 2, 2023, 7:48 p.m.
Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)
Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)