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Here’s Why Amazon’s 7% Plunge Today Could be a Warning Sign for Bitcoin

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#1
The stock market’s striking correlation to Bitcoin throughout the past few months still appears to be holding strong, even despite Bitcoin’s intense rally seen over the past couple of days.

It now appears that this correlation could once again prove to be highly negative for the benchmark cryptocurrency, as some major components of the market that have been boosting its performance are beginning to see major weakness.

If this weakness drags the entire market down in another sustained movement, this could similarly place some pressure on Bitcoin – should it remained coupled with the benchmark indices.

@TradeCryptoNow
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