📍 JPMorgan: Bitcoin is linked to the Russell 2000 Index
Bitcoin has the highest correlation with small-cap tech stocks in the Russell 2000 Index, according to JPMorgan, and analysts say cryptocurrencies are more closely tied to smaller companies than to IT giants.
📍The Russell 2000 Index tracks 2,000 smaller-cap companies within the broader Russell 3000 Index.
#BTCBullRun2025 #USConsumerConfidence
Bitcoin has the highest correlation with small-cap tech stocks in the Russell 2000 Index, according to JPMorgan, and analysts say cryptocurrencies are more closely tied to smaller companies than to IT giants.
📍The Russell 2000 Index tracks 2,000 smaller-cap companies within the broader Russell 3000 Index.
#BTCBullRun2025 #USConsumerConfidence
