Bitcoin’s rising correlation with stocks is less about investor exuberance and more about eroding trust in the dollar. The real story is not a newfound appetite for risk — it’s a flight from the perceived fragility of the US dollar.
Vugar Usi Zade
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Vugar is an award-winning senior manager and communications expert with 15 years of progressive hands-on experience spanning Fortune 500 giants to dynamic startups, currently serving as chief operating officer of Bitget. Vugar held senior positions at renowned brands such as Carlsberg, Facebook, Danone, Coca-Cola, Twitter, Sony and more, showcasing his versatility and strategic insight.
- Opinion
Bitcoin-stocks correlation signals USD fragility and not risk-on fervor