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 Nekoin Protocol is the BRIDGE that connects Traditional Businesses to the Blockchain/WEB3/Metaverse. Mass Adoption. Crypto in every pocket by 2025 Blockchain Remittance

Is There a Correlation Between The Dow Jones & Cryptocurrency?

After a rather first-class bull run The Dow Jones Industrial Average has had a difficult couple of weeks. Cryptocurrency is also experiencing a correction. Could there be a correlation between the 2 investment worlds? We need to be cautious using vague phrases like "bull and bear markets" while crossing over into every funding space. The major reason for that is that cryptocurrency over the path of its top notch 2017 "bull run" noticed profits of well over 10x. If you positioned $1,000 into Bitcoin at the beginning of 2017 you would have made properly over $10,000 by way of the quit of the year. Traditional stock investing has in no way skilled some thing like that. In 2017 the Dow multiplied about 23%. I'm truely cautious when reviewing facts and charts because I realize that you could make the numbers say what you need them to mention. Just as   Blockchain Compliance"  crypto saw sizeable gains in 2017, 2018 has visible an equally short correction. The fa