The below is the reverse to what was happening before Bitcoin...

  1. 7,948 Posts.
    lightbulb Created with Sketch. 4
    The below is the reverse to what was happening  before

    Bitcoin vs. the Dow last week:
    • Monday: Bitcoin down 16.8% vs. the Dow down 4.6%
    • Tuesday: Bitcoin up 8.4% vs. the Dow up 2.3%
    • Wednesday: Bitcoin up 4.4% vs. the Dow down 0.1%
    • Thursday: Bitcoin up 1.4% vs. the Dow down 4.1%
    • Friday: Bitcoin up 4.2% vs. the Dow up 1.4%
    • For the week: Bitcoin down 0.4% vs. the Dow down 5.2%
    • From Tuesday to Friday: Bitcoin up 19.6% vs. the Dow down 0.6%
    Other cryptocurrencies such as Ethereum, Ripple and Litecoin also saw similar trading patterns last week as Bitcoin’s.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.