Bitcoin Mining Stocks' Correlation With BTC Falls to 16-19%, Strategy Remains 78% Correlated
According to Fundstrat co-founder Tom Lee's analysis, Bitcoin mining stocks have weakened their correlation with BTC as they pivot toward AI data centers. Over a 90-day period, Strategy maintained 78% correlation with Bitcoin, while Core Scientific, Cipher Mining, TeraWulf and Hut 8 registered
GateNews·08-22 11:32
