Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K

Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K

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A major market talking point in recent weeks has been bitcoin’s elevated correlation with U.S. stocks, especially the tech-focused Nasdaq 100 Index. But the S&P 500 and Nasdaq were both in positive territory on Tuesday, as crypto markets appeared to suffer from negative sentiment.

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