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Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets

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Bitcoin and stocks are almost trading in tandem again – as risky asset markets move in response to fresh developments in the economy and international affairs _jocelynyang_ reports

. Many investors consider cryptocurrencies to be risky assets – subjecting them to some of the same influences as the stock market and technology company shares.

TradingView chart shows the correlation between bitcoin and equity prices rising over the past week. Bitcoin was changing hands Friday at about $21,000 Friday, after a nearly 10% jump that was the biggest daily price increase in six months.

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_jocelynyang_ What we want is a more stable Bitcoin, not it trending with stocks. 😂

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