What Bitcoin and the Stock Market’s Correlation Really Means

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.circle.com/en/usdc/businesses"><em><span style= "font-weight: 400;">Circle</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p> </p> <p><span style="font-weight: 400;">On this week’s “Long Reads Sunday,” NLW reads:</span></p> <p> </p> <p><span style="font-weight: 400;">“</span><a href= "https://www.coindesk.com/layer2/2022/10/14/bitcoin-is-macro-but-not-correlated-in-the-way-you-think/"><span style="font-weight: 400;">Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think</span></a><span style="font-weight: 400;">” – Noelle Acheson </span></p> <p><span style="font-weight: 400;">“</span><a href= "https://www.coindesk.com/layer2/2022/10/25/why-bitcoin-has-been-highly-correlated-with-fiat/"><span style="font-weight: 400;">Why Bitcoin Has Been Highly Correlated With Fiat</span></a><span style= "font-weight: 400;">” – Steven Lubka </span></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <strong><em>Nexo Pro</em></strong></a> <em><span style= "font-weight: 400;">allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on</span></em> <a href= "https://pro.nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_pro_oct22"> <em><span style= "font-weight: 400;">pro.nexo.io</span></em>