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Bitcoin-SPX correlation could jeopardize bitcoin’s rebound: Technical Tuesday

Bitcoin-SPX correlation could jeopardize bitcoin’s rebound: Technical Tuesday

The cryptocurrency markets were mostly in the green on Tuesday, as BTC prices gradually bounced back to USD 9100 levels. Data shows that the correlation between BTC and SPX has been increasing again, which could be a renewed concern for crypto traders. DeFi tokens have seen notable prices actions with KNC jumped more than 8%.








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