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RE: Bitcoin sees 3rd highest difficulty adjustment in last 2 years

in LeoFinance4 years ago

Yep, though the backfilling is probably more related with what is going on in the equity markets. They are demanding more stimulus and every day that they don't get it, they go down. Risky assets across the board being pulled down.

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There's still a very strong correlation.

Yep. People buy gold and bitcoin as a hedge against a volatile stock market, but over the recent past, when stocks tank, everything tanks.