JPMorgan says Bitcoin has highest correlation with Russell 2000 tech sector

JPMorgan’s research highlights that Bitcoin shows a stronger correlation with small-cap tech stocks than altcoins. Analysts note this trend is logical considering the technological innovation focus of smaller tech firms.

The correlation between Bitcoin and tech equities has fluctuated over time, peaking during significant tech sector changes. This dynamic remains visible as retail investors continue to play instrumental roles in both markets.

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