Bitcoin
$11,735.01 2.34%
BTC · 2w

Is Bitcoin value stock market correlation good or bad'

Maybe I am off the mark but watching price there seems to be increasing correlation with stock market movements. I anticipated that there would be an upside of Bitcoin when the market was down. i.e. There was a swing down today after POTUS COVID news 1. Is it more frequently tracking closely with stock market movement? 2. Is this as a result of adoption? 3. If so is this a good or bad thing?
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