What The Swings In Bitcoin Mean For Equity Markets

Bitcoin Futures (/BTC) fell to a low of $30,205 today and down 30%. "The correlation between high-growth tech stocks and bitcoin has tightened compared to previous years," says John Wu. He weighs in on growth stocks collapsing over the last few months, and institutional money entering crypto over the last year.

Market On Close

19 May 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US

What The Swings In Bitcoin Mean For Equity Markets

Bitcoin Futures (/BTC) fell to a low of $30,205 today and down 30%. "The correlation between high-growth tech stocks and bitcoin has tightened compared to previous years," says John Wu. He weighs in on growth stocks collapsing over the last few months, and institutional money entering crypto over the last year.

Market On Close

19 May 2021