analysis

Fidelity's Timmer Says Selloff Pushed Bitcoin Correlation With Stocks Higher

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Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset

Bitcoin fell 0.1% in the 4 hours after the first headline, after rising 0.2% in the 2 hours before.

$73,798 price at the headline
+0.2% 2 h before
-0.1% 4 h after
0.0% 7 h after (so far)
First headline

37 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 11 06:00

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.1 years ago BTC at $115,227 high today it sits -36.0% from there
4 months ago BTC at $58,566 low today it sits +26.0% from there

From what we have stored, starting 1.1 years ago.