Opinion: The correlation between Bitcoin and US stocks may be artificially created by market makers

2025-04-05 02:36:50
Bloomberg News analyst James Seyffart posted on social media that Bitcoin's resilience is really shocking, I really didn't expect it to stick above the $80,000 in this market of risk assets, even gold is falling.
In this regard, Blockstream co-founder and CEO Adam Back said that the so-called linkage may be just an illusion, and it is likely that market makers are taking advantage of the shortage of fiat liquidity in the bitcoin market to create false correlations, especially during the opening hours of the US market.