29-12-2018 00:00 via newsbtc.com

Report: Bitcoin Conforms to Mainstream Markets, Strong Correlation with Gold

A recent report in the Wall Street Journal details how Bitcoin is becoming an increasingly mainstream asset and is starting to develop strong correlations with traditional assets, including Gold.
The report cites the increase in institutional funding, increasing venture capitalist (VC) investments, and growing mainstream adoption as possible factors behind its increasing correlation with traditional markets. Despite this, the WSJ report also notes that Bitcoin is still far more volatil
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