Is There a Strong Correlation Between Stocks and Bitcoin?

The sharp fall of Bitcoin a month before the global stock market decline in February got traders’ attention. Is Bitcoin a barometer for the Stock Market?
The Correlation Between Bitcoin and Stocks
A number of investors have observed tandem moves between the cryptocurrency market and stocks, with the latter following the market sentiment of bitcoin and ‘associates’.
Doug Ramsey, Chief Investment Officer at Leuthold Group, a Minneapolis-based money manager, commented: “We&r