Any thoughts on why btc has gone from no correlation to the markets, to being much more affected by them?
Consumer buyers / mainstream investors had loads of spare cash to splash - and now they don’t.
The mainstream investors have plenty of cash to splash still especially in the context of the amount if money required to influence BTC or ETH. A sell off is a transfer of wealth. Every sell requires a buy.
@Howard started
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Any thoughts on why btc has gone from no correlation to the markets, to being much more affected by them?