Bitcoin Correlated With Avocado Toast, Is Crypto Another Millennial Luxury?
Bitcoin is lauded as an “uncorrelated asset” in terms of how it performs compared to popular stock indices like the S&P 500 and other traditional financial markets.
Recently, Bitcoin had shown some correlation with gold, strengthening the safe haven narrative that has been at the forefront of 2019. But Bitcoin has also shown correlation with another hot commodity adored by millennials: avocados.
Bitcoin and Haas Avocados Show Correlated Price Movements
How Bitcoin correlates to o
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