Home Markets Market envelope: Bitcoin surges above $24,000

Market envelope: Bitcoin surges above $24,000

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Market envelope: Bitcoin surges above $24,000

Bitcoin’s gains have mostly been consistent with traditional markets. On Monday, the Dow Jones Industrial Average rose 0.09%. The tech-heavy Nasdaq composite index fell 0.10% and the S&P 500 0.12%. Correlations between BTC and all three indices remain above 0.60, indicating a strong relationship between BTC price movements and stocks.

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