How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000


$ 104,577.4
€ 90,917.8
¥ 38,800.0
£ 77,639.4
BTC
-0.28 %
$ 2,519.96
€ 2,190.12
¥ 934.72
£ 1,870.99
ETH
-0.25 %
$ 306.97
€ 267.20
¥ 114.00
£ 228.22
XMR
-3.36 %
$ 85.29
€ 74.14
¥ 31.64
£ 63.32
LTC
0.06 %

The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price.