21-03-2020 02:30 via newsbtc.com

4th Largest 1-Month Dow Sell Candle in History Leaves Bitcoin Vulnerable

The Dow Jones Industrial Average closed out Friday’s trading session at 19,000 points, setting a record for the 4th largest single one-month red sell candle in the index’s history. And with Bitcoin recently tightly correlated with the stock market, it could make the cryptocurrency especially vulnerable to another crash.
Dow Jones Industrial Average Sets Record for 4th Worst Month on Record
The coronavirus and a coming recession have caused a global, market-wide, panic-induced selloff
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