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RE: Bitcoin a leading indicator for stocks?
I've read some differing opinions about BitCoin being a "leading indicator" for the stock market. If there is some correllation between the two, I think it is a loose relationship, at best.
Cryptos are still very new and very small, compared to stock markets. Much more volatile and just a different game in several ways. Maybe "the jury is still out" and we'll just have to see how things play out.
It is a loose relationship for sure throughout it's overall history, but look at the chart above, there is no arguing there is some major correlation going on currently. How long that will last, no idea.