First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns

First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns

In a redux of trading from the early days of the coronavirus crisis in March, bitcoin tumbled Thursday in tandem with a sell-off on Wall Street – rekindling an ongoing debate over the cryptocurrency’s use as a store of value. Prices for bitcoin fell 6.37% to about $9,100, as the Standard & Poor’s 500 Index …

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