A strong correlation remains between BTC and the US stock market
Bitcoin and ether have also shown high correlation with the Nasdaq and S&P 500 on longer time frames
Australia is expecting its first “super app” via a deal announced by crypto exchange Swyftx and traditional stock trading platform Superhero
Bitcoin has fallen 12% in the last 24 hours after an intraday high of about $43,500
US stocks closed higher Tuesday, largely paring losses from Monday’s session, as second quarter earnings continued to come in above expectations.
Equities started off strong Monday morning, largely paring losses from the prior session, before closing mostly lower.