The Relationship Between Stocks and Bitcoin

Alphi: It seemed as though we had quote unquote decoupled. But if you look at SPX, we've had like maybe six red days in a row and now Bitcoin is taking off. He says the reason why we didn't go up while stocks were ripping was because the insiders knew that the FCC was going to come for buy-n-ads and come for Coinbase. "I just don't think that historically it's that correlated of an asset," he says.

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