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Global stocks surged on Thursday, driven by the US-China trade optimism. Elsewhere, British Prime Minister Boris Johnson’s historic win boosted the UK and European stocks. Markets have now become volatile, but what about Bitcoin? Let’s briefly analyze the two medium-term scenarios. Stock Rally Might Boost Investors’ Appetite for Cryptos Usually, Bitcoin has shown no correlation to traditional assets, including stocks. However, in the last few months, several ups and downs in the S&P 500 index,
The post US-China Trade Optimism Sends Stocks to ATH, is Bitcoin Next? appeared first on Bitcoinist.com.
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