Bitcoin and Equities: Why They’re Moving in the Same Direction
Cryptocurrencies are not in the market carnage alone. The Dow Jones Industrial Average (DIA) touched its three-week low, probably due to the rise in U.S. Treasury yields. The S&P 500 Index (SPX-INDEX) fell 4.4% on February 5, 2018, and its RSI (relative strength index) level was 29.