• Bitcoin price rally tracks stocks

    Monday Bitcoin price rally tracks stocks, hides weak performance

    Bitcoin still dances to the tune of macro markets; analyst predicts BTC $190,000 if the S&P 500 cracks 4,000

    A push to $9,200 fuelled by stock market optimism hides otherwise weak price performance in Bitcoin, with no end to the correlation in sight. Bitcoin faces a major test at the start of a new week’s trading, as an unlikely global stock market rally contrasts with rising uncertainty over COVID-19.