Does Bitcoin Trade Like A Stock?

Does Bitcoin Trade Like A Stock?

Does Bitcoin follow the movement of tech stocks or something else? How can it fulfill its job of being a hedge against market turmoil and inflation?
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00:00 Introduction
01:10 Bitcoin as digital gold
02:05 Correlation Coefficient of Bitcoin and NASDAQ
03:49 What affects the market?
06:59 Is Bitcoin following tech stocks or something else?
07:32 Conclusion

#bitcoin #crypto #investing #cryptocurrency #cryptocurrencies #altcoins #cryptobullrun #ethereum

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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.