The US equities markets noticed their worst performance of 2023 as eager investors dumped shares on Feb. 21, fearing persisted rate hikes by the U.S. Federal Reserve.
Even though the cryptocurrency markets also gave motivate among the positive aspects, the autumn was comparatively muted. UTXO Administration senior analyst Dylan LeClair talked about that Bitcoin’s (BTC) correlation to the S&P 500 index has fallen to the bottom since late 2021.
<em>Day after day cryptocurrency market performance. Source: </em><span>Coin360</span><em>BTC/USDT day after day chart. Source: TradingView</em><em>ETH/USDT day after day chart. Source: TradingView</em><em>BNB/USDT day after day chart. Source: TradingView</em><em>XRP/USDT day after day chart. Source: TradingView</em><em>ADA/USDT day after day chart. Source: TradingView</em><em>DOGE/USDT day after day chart. Source: TradingView</em><em>MATIC/USDT day after day chart. Source: TradingView</em><em>SOL/USDT day after day chart. Source: TradingView</em><em>DOT/USDT day after day chart. Source: TradingView</em><em>SHIB/USDT day after day chart. Source: TradingView</em>
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