CM_Trades

Correlation continues

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CM_Trades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Bitcoin and the stock market continues to correlate as news this morning started to cause markets to sell-off, which has resulted so far in a drop in Bitcoin shortly after.

We have to continue to keep an eye on this because they have been following each other closely.

Thanks guys
Comment:
Bitcoin has actually held up nicely compared to the bloodbath today in stocks! This doesn't mean we are out of the woods yet as Bitcoin did follow suit a few hours later so keeping an eye on this!

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