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I found this correlation happening between Bitcoin and oil lately quite interesting. While the barrel price goes up, we see BTC following along, but traditional stocks are falling. Like, how many minutes are left until midnight in terms of the traditional market? It seems like money is really migrating.
CoinDesk has been covering these movements well. They are very strict with their editorial policies, so you can trust the analyses that come from there. The cool thing is that they maintain editorial independence even though they are part of a larger structure focused on digital assets. That significantly changes the quality of coverage we get about the crypto market.
This dynamic of Bitcoin rising with commodities while stocks fall is like a warning that something is changing in capital flows. It’s worth keeping an eye on.